Citigroup Downgrades Inditex Shares Continue To Decline

< p > > a href= "http://www.91se91.com/news/index_z.asp" > Citi Citigroup < /a > the bank said that the adverse exchange rate effect on inditexsa will be from -3% to -4% in 2013, which will affect the profit growth of inditexsa.

In the first nine months of December 2013, inditexsa reported a year-on-year growth of 1% to 1 billion 670 million euros in net profit. Compared with the 10% increase in the previous fiscal years, the international exchange rate fluctuations and slow domestic economic recovery in Spain were the main reasons for inditexsa's failure.

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< p > but s&pcapitaliq Standard & amp; P is expected to raise inditexsa. S&pcapitaliq said that sales of inditexsa (itx.mc) will be strong in 2015, which is expected to increase by 4%.

Most traders in Spain are also optimistic about inditexsa, saying that inditexsa will not touch below 100 euros.

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< p > > at the end of January 2014, < a href= "http://www.91se91.com/news/index_cj.asp" > h&m hennes&mauritzab < /a > released the fourth quarter of fiscal year 2013 and the annual financial report, ending the fourth quarter of December 31, 2013, the net profit of 5 billion 608 million kronor, an increase of 12% over the previous year, lower than the analyst expected 6 billion 20 million Swedish gram long, and the h&mhennes&mauritzab share price fell more than 4% after the earnings announcement.

The European recession has seriously affected h&mhennes&mauritzab earnings. Compared with rival Zara, the parent company inditexsa has less impact because of more stores in emerging markets.

And low price brands such as Primark and Forever21 also began to tell expansion this year. H&mhennes&mauritzab had to sacrifice the gross profit rate to fight with endless discounts. The gross profit margin of h&mhennes&mauritzab in the fourth quarter dropped 80 basis points to 60.8%.

At the same time develop similar high-end brands like &otherstories and COS to make up for it.

In addition, in the field of electronic commerce, h&mhennes&mauritzab has been lagging behind other competitors, and it did not officially launch e-commerce websites in the US market until August 2013.

H&mhennes&mauritzab said it will launch e-commerce websites in the French market this year.

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The contrast between the P and the fast fashion (thematic reading) giants is the world's third fastest fashion group. UNIQLO's UNIQLO parent company and fastretailingcompanyltd. fast sell group rose 4.36% to 36365 yen on Tuesday.

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< p > in the past year, in addition to continuing to expand in emerging markets, fastretailingcompanyltd. Xun marketing group also began to exert its strength in the US market.

In the first quarter of fiscal year 2014, fastretailingco.ltd. XXX group released its first quarter financial results in January. It showed a high growth rate driven by the rising domestic price of domestic customers and the rapid rise of overseas sales.

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By the end of the first quarter of November 2013, the fastretailingco.ltd. XXX group has created a net profit of 41 billion 850 million yen, or about 399 million US dollars, which is better than the average forecast of three analysts of Bloomberg composite, 37 billion 200 million yen, and 8.8% growth over the same period of 38 billion 470 million in 2012, P.

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< p > operating profit rose 13% to 64 billion 30 million yen (US $610 million) over the previous year, higher than the 59 billion 900 million yen forecast in the market, 56 billion 610 million yen in the same period of 2012, and nearly 80% of its operating profit contributed by Japan's domestic business. The increase in consumer spending on light feather and HEATTECH products and the selling of high priced products such as cashmere products all contributed to the growth of revenue, while UNIQLO UNIQLO's overseas business increased by 97% under the promotion of 66 new stores.

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< p > net sales increased from 318 billion 440 million yen in the same period of 2012 to 389 billion 50 million yen, an increase of 22.3%, and overseas business sales increased by 77%.

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< p > group indicated that because of the change of the accounting method of internal pactions, the annual sales volume is expected to reach 1 trillion and 322 billion yen, which is 0.6% lower than the 1 trillion and 330 billion yen target announced in October 2013, while the target of operating profit of 156 billion yen remains unchanged, which is in line with the market forecast of 155 billion 360 million yen.

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< p > > a href= "http://www.91se91.com/news/index_h.asp" > fastretailingco.ltd < /a > the stock price closed 39800 yen before the earnings announcement in January 9th, followed by a 3.75% drop in the stock market.

The stock rose 99% in 2013, doubling the market value of fastretailingco.ltd. from 23 trillion yen in 2012 to 46 trillion yen.

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