Fashion business is not easy, even if it was once the hottest designer brand in New York Fashion Week.
According to the fashion business news, British designer Victoria Beckham announced the results of last year's full-year performance. Its sales rose 17% year-on-year to 42.5 million pounds, but the loss was 10.2 million pounds, or nearly 90 million yuan.
After the DG incident, the American boutique jewelry giant Tiffany had a hard time, especially the lack of "heart" to retain Chinese consumers made this luxury brand that is heavily dependent on Chinese consumers feel even more uneasy.
Tiffany's third-quarter same-store sales were less than expected due to lower-than-expected consumption of Chinese tourists in the US and Hong Kong stores. In the third quarter earnings report released by Tiffany on Wednesday, the Group's revenue for the quarter increased by 3.1% year-on-year to US$1.01 billion, compared with US$9.8 billion in the same period last year, which was less than analysts' expectations of 5.3%; net profit fell to US$9,490,000. The dollar was lower than the $102 million in the same period last year.
Women are changing, and women's underwear is also. The main function of underwear for centuries is to hold the female chest, making it more straight and shaping the female curve. Now this function is weakening, starting with the disappearance of the hard underside support in the underwear - the steel ring (although the underwear is mostly made of hard plastic).
Steel rim underwear is still the mainstream, but the hood of the rimless underwear has gradually covered the gathered underwear in the past 3 to 5 years. Whether it is the rim-free underwear brand, the lack of rim underwear in the fashion KOL street shooting, or the traditional underwear such as Victoria's secret and Wacoal's frequent bad news, it shows the change.
On Monday, French luxury goods group Kering SA (KER.PA) Kaiyun Group announced that it will repurchase up to 1.0% of its shares in the next 12 months in response to the share repurchase plan at the end of April.
The first batch of 631,000 shares repurchased, the repurchase price is not higher than the highest transaction price of 480 euros at the shareholders' meeting day, the lowest price is not less than 300 euros, the first batch of Newchic Coupon repurchase, the total price will not exceed 300 million euros.
Lululemon almost became a family with Under Armour, and now the former continues to defend the "business myth", which is currently struggling for performance.
Chip Wilson, the founder of Canadian yoga brandlululemon, recently released a new book, "Little Black Stretchy Pants," which revealed for the first time in 2008 that he had met with Kevin Plank, founderand CEO of American sports brand Under Armour. After discussing the acquisition, but finally decided to give up, he believes that the Under Armour brand DNA is too masculine, and does not match the brand.
Amazon, the US e-commerce giant, is steadily achieving its goal of a fashion empire. A few days ago, its subsidiary Amazon Fashion Europe launched its own brand Aurique, which entered the field of sportswear for the first time.
The autumn and winter collections released by Aurique include a variety of products that are suitable for everyday commuting and Newchic Coupon gymnastics, such as fitness suits, tights, sports bras, running jackets, vests, etc. Amazon stressed that Aurique's sports equipment is both fashionable and "suitable for a brunch with friends, high-intensity training for multiple occasions in the gym."
The lower the fascination, the world's first underwear brand Victoria's Secret Victoria's secret ("Victoria's Secret") in August was even worse, same-store sales fell 5%, far worse than the market's expected 3.8% decline, Excluding the online channel, the decline in physical stores is as high as 9%, which has continued to deteriorate from the increase and fall since May.
Under Trump's tax cuts and strong US economic growth, Victoria'ssecret parent company, L Brands Inc. (NYSE: LB), was the worst Newchic Coupon performer in the US retail industry in the past year, and its share price has continued to hit an eight-year low. Investors are
Earlier this month, Mejuri, a Canadian high-end jewelry start-up brand, announced the completion of a $5 million Series A round of financing. The London-based venture capital firm Felix Capital is also the investor of the lifestyle brand Goop founded by British luxury e-commerce company Farfetch, Hollywood actress Gwyneth Paltrow and the German fashion website Highsnobiety. Other participants include: Real Coupon Code for Shein Ventures, Incite Ventures, BDC Capital Women in Technology Fund, and Dash Ventures.
Mejuri was founded in 2015 by Noura Sakkijha and Maj Masad and is headquartered in Toronto, Canada. The brand is dedicated to providing cost-effective, fun-designed high-end jewellery to millennials, with the slogan “Whenever you go, making high-end jewellery a daily routine”.
Nowadays, people not only like to buy new shoes, but also are keen to sneak out the classic "old shoes" in the second-hand market.
The luxury consignment store The RealReal has sold more than 8 million products in total, so it has a very high say in determining the value of brand resale. Recently, TheRealReal released the second-hand report on luxury goods in the middle of the year, pointing out which brands of shoes were most sought after by Shein Coupons consumers in the first half of 2018.
On August 15, Kappa's parent company China Trends released its six-month interim results as of June 30, 2018. China's dynamic operating income was 772 million yuan, up 14.4% year-on-year; gross profit was 451 million yuan, up 9.2% year-on-year. Gross profit margin was 58.4%, down 2.8 percentage points year-on-year; operating profit fell 12%; profit attributable to shareholders was 481 million yuan, down 10.3% year-on-year.
China Trends said in the announcement that in the first half of 2018, China Trends further cleared the Kappa brand DNA and brand Shoes Coupons assets through more than 4,000 sample studies. Since January this year, Kappa has promoted the brand through the Paris Fashion Week, and cooperated with well-known designers Cang Shiyishu and other well-known brands. In combination with online and offline marketing methods, China Trends further strengthened the “clearing the brand and focusing on the terminal”. , regaining growth, the development plan.
