Italy Tod 'S Shoe Brand Market Reshuffle
< p > Italy Tod "s" a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > brand sales and profits decreased in the first quarter because of the reshuffle of its market, Italy sales fell sharply, and the American and Chinese markets rose strongly, which became the second largest brand market.
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< p > sales in the first three months of the financial year fell by 3.7% to 253 million 500 thousand euros, while net profit decreased by 4.6% to 63 million 600 thousand euros.
The Italy market is still the largest market for brands. Its turnover has dropped by 26.7% to 98 million 900 thousand euros, while the European market has fallen by 3.8% to 50 million 400 thousand euros.
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At the same time, the group's performance in the first quarter was excellent in the American market (31% to 19 million 400 thousand euros) and the Greater China region (P).
Sales in the Greater China region increased by 55.4% to 5720 yuan in comparison with the same period last year, thus replacing Europe as the second largest market of Tod 's group.
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