Brunello Cucinelli Cashmere Brand Announces Investment In "Manufacturing" Stock Price Plummeted
< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201401/22/20140122091109_sj.JPG "/" < > > "
< p > > Italy a href= "http://sjfzxm.com/news/index_s.asp" > cashmere brand < /a > BrunelloCucinelliSpA (BCU.MI) on Tuesday a href= "http://sjfzxm.com/news/index_s.asp" > share price < /a > fell 3.64%, plunging more than 15% in the past month, and the new strategy of the new strategy has also been questioned by investors in addition to the fall in the entire luxury sector, which was affected by the market earlier this month.
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< p > according to the FinancialTimes financial times, BrunelloCucinelliSpA (a href= "http://sjfzxm.com/news/index_s.asp" > BCU.MI < /a) increases the investment and sales of men's clothing.
However, because BrunelloCucinelliSpA (BCU.MI) does not have enough production capacity and the high cost of men's clothing, it is bound to squeeze BrunelloCucinelliSpA (BCU.MI) profits in the future.
At the PittiUomo men's Wear Exhibition in Florence, a casual style BrunelloCucinelli launched some formal suits and double breasted overcoats. Although chief executive BrunelloCucinelli released last week's annual results, she said that the 2014 autumn winter series released at Florence PittiUomo men's wear exhibition has received a positive and strong response, but stock prices have plummeted in recent days.
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< p > BrunelloCucinelliSpA (BCU.MI) last year, we purchased the /a Tuscany > a href= "http://sjfzxm.com/news/index_s.asp" at 3 billion 500 million euros, a Tuscany Tuscany a href= "http://sjfzxm.com/news/index_s.asp" > Tuscany less than a "suit" manufacturer, and hired 65 suits manufacturer to start the internal manufacturing business.
BrunelloCucinelli says male consumers are very concerned about origin and origin, so the group's investment in manufacturing and autonomous production is a necessary strategic change.
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< p > Citi < a href= > http://sjfzxm.com/news/index_s.asp > > Citigroup < /a > MauroBaragiola in a recent report, she was optimistic about the long-term benefits of BrunelloCucinelli strategy, but worried about short-term profits.
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< p > BrunelloCucinelliSpA (< a href= "http://sjfzxm.com/news/index_s.asp" > BCU.MI < /a >) has previously indicated that the investment budget for 2014-15 years is 60 million euros. With the revival of men's suits in the European and American markets, part of the budget will be used to increase the sales area of men's wear in existing stores.
Men's business goals account for 33% of total revenue.
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< p > BrunelloCucinelliSpA (BCU.MI) released preliminary sales data for the 2013 fiscal year last week, with a total sales volume of 322 million 500 thousand euros, representing an increase of 15.4% over the 279 million 300 thousand euro in fiscal 2012.
BrunelloCucinelliSpA (BCU.MI) indicates that the expansion of the retail network has boosted sales, and the annual sales growth of retail channels has reached 50% to 115 million 400 thousand euros, representing a 35.8% share of total sales.
Wholesale channel business rose 1.2% to 33 million 100 thousand euros, or more than 53.9% of the total sales, less than a href= "http://sjfzxm.com/news/index_s.asp" > sales channel < /a > Sales 173 million 900 thousand euros, up 2.5% over the same period of 2012 fiscal year.
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