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    The Japanese Earthquake Hit France'S Luxury Industry Seriously.

    2011/3/28 10:52:00 48

    French Luxury

    France reports that Japan has been attacked.

    earthquake

    The great damage has led to the French fashion and luxury industry facing the danger of being affected.

    Several famous French names

    Luxury goods

    The group's stock is different from the stock exchange.

    Fall


    Reported that from 90s, Japan was the second largest luxury market after France ranked the United States.

    In 2010, sales of luxury goods in France (including all personal equipment, perfume, cosmetics, wine and spirits) accounted for 14% of the Japanese market, about 180 billion euros.

    According to the French Federation of boutique industries, the total sales of luxury goods in France accounted for 15% to 17% of the Japanese market in 2010.

    In 2010, 9% of Lu Wei Ming Xuan group's revenue came from Japan, of which only fashion and leather products accounted for 16%, and Louis Weedon accounted for 20%.

    Japan is Hermes's largest selling market in the world, with 19% of its revenue coming from Japan.

    The Japanese market takes up Paris's spring.

    Department store

    Group revenue accounted for 14%, accounting for 12% of the total sales of Richemont group, accounting for 6% of Italy's Tod 's group.

    Reported that the Japanese market in France's boutique industry occupies an important position, even under the impact of the financial crisis has declined, but since 2010, the market has stabilized and picked up.

    Richemont group 2010 in Japan

    Sale

    It grew by 21%; Hermes had opened 4 new stores in 2010, and Louis Weedon had 57 stores in the day.


    The impact of Japan's earthquake not only threatened the luxury industry in France, but also the fashion industry, the report said.

    The export of French fashion enterprises is mainly for Europe, the United States and Japan.

    Japan is the eighth largest export customer of France. In 2010, French clothing exports to Japan increased by 21% over the same period last year, amounting to 227 million euros.

    In the medium term, it is hard to estimate how much damage the Japanese earthquake will bring to the industries in France.

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