Luxury Group Prada 2014 Sales Data In The First Half Continued Weak

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< p > < < a href= > http://sjfzxm.com/news/index_x.asp > > Hongkong > /a > Italy luxury group Prada released the first half of fiscal year 2014 (February 1, 2014 to July 31st) sales data: net operating income of 1 billion 750 million euros, according to the report data grew by 1% over the same period, the growth rate was 4% according to the constant exchange rate, 0.6% in the first quarter, and increased by 3.8% on the basis of the constant exchange rate. The negative impact of the exchange rate change is still obvious.

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< p > wholesale channel revenue increased in the second quarter, the sales volume of 288 million euros increased by 1% over the same period, and increased by 2% at the constant exchange rate. < /p >

P < < a href= > http://sjfzxm.com/news/index_x.asp > retail canal > /a > Road revenue 1 billion 442 million euros, accounting for more than 83% of total revenue, according to the report data increased by 1%, according to the constant exchange rate, 566 Direct stores reached 5% increase, group retail channel growth continued to slow down - 2014 in the first quarter of fiscal year growth rate of 2.2%, fixed exchange rate growth rate of 7.7%, are far lower than the previous fiscal year's growth rate < /p >

< p > < strong > the income of group retail channel is divided by Region: < /strong > < /p >.

< p > Asia Pacific region reported a year-on-year decline of 2% in the year to year report, an increase of 2% according to the constant exchange rate. The markets of Korea, Hongkong and Singapore continued to languish, and the Chinese market was strong. The second quarter increased by 12% over the same period of exchange rate, while the growth rate of other Asian countries remained stable < /p >

< p > > a href= "http://sjfzxm.com/news/index_x.asp" > the US < /a > the market continues to show strong performance under the impetus of domestic consumption and tourism consumption. The growth rate is 8% according to the report data, and the growth rate is 14% < /p according to the constant exchange rate.

< p > the European market has been reduced by tourists and the deterioration of the economic environment. The operating income has dropped by 1% compared with the same period last year, < /p >

In the Japanese market, the consumption of luxury goods before the value-added tax was increased in April. Although sales slowed after April, the growth rate in the first half of the year reached a year-on-year growth rate of 10%, and the growth rate reached 19% < /p > by the constant exchange rate.

< p > the Middle East market grew by 16% compared to the same period last year, and increased by 21% according to the constant exchange rate.

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< p > < strong > by brand: < /strong > /p >

< p > Prada represents the overall growth trend of retail channels, which grew by 1% year-on-year and 5% by constant exchange rate.

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< p > Miu Miu has performed well except in Europe, the overall year-on-year growth of 3%, and by constant exchange rate increased by 7%.

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< p > Church 's grew fastest, increased by 14% over the same period, and increased by 12% according to the constant exchange rate.

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< p > Car Shoe increased by 2% according to the report data and increased by 3% according to the constant exchange rate.

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< p > < strong > by category: < /strong > < /p >.

< p > clothing and footwear were excellent, with a year-on-year growth rate of 18% and 23% respectively. The growth rate was 14% and 19%, respectively, according to the constant exchange rate.

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"P", because the sales of leather goods are more and more dependent on the consumption of tourists, the business income of this category is significantly affected by the decrease of tourists, 5% down from the same period, and 1% down according to the constant exchange rate.

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< p > under the guidance of group development strategy, men's products reached a two digit growth rate.

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< p > from the sales data in the first half of the year, Prada group still has a certain gap from the 6% to 9% business income growth target. The group CEO Patrizio Bertelli said that once the first half year report was officially released, the board of directors will adjust its overall planning according to the performance accomplished.

The complete first half report of Prada group is expected to be officially released after the approval of the board of directors in September 19, 2014.

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< p > Prada after closing data in the first half of last year, the current closing price was HK$53.65, down by.29% compared with the previous trading day.

Prada shares have fallen 23% this year.

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