Old Casual Clothes, Trapping Shop Tide, Opening O2O Pformation Rescue Market

< p > < strong > Baleno in the 2014 fiscal year, 388 stores in the mainland, < /strong > /p >

< p > according to the annual report released by the German brand Yongde group of Baleno as of March 31, 2014, the company reported a HK $9 billion 860 million HK $12.4% in the reporting period, a net profit of HK $668 million and a decline of 9%.

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< p > in the mainland of China, the number of stores in Baleno has shrunk from 388 in the last 3820 to 3432.

The number of stores in China's Hong Kong and Macao region has also declined significantly.

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P, Baleno said retail businesses continue to be under pressure from China's weak consumer sentiment.

As more international brands expand in China, business competition is fierce.

Meanwhile, many local competitors continue to slash prices.

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< p > < strong > AGG, 88 stores in the mainland in the first half of this year, < /strong > < /p >

< p > French apparel retailer group recently released the two quarter business data as of June 30th. In the first half of this fiscal year, its revenue was 598 million euros, down 1.6% compared with the same period last year.

The European market increased by 4.8% to 411 million 700 thousand euros compared with the same period last year. However, the Chinese market dragged its feet, down sharply from 6.1% to only 186 million 800 thousand euros.

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< p > according to the financial report, in the first half of the year, IgG closed 88 stores in the mainland of China, a decrease of 275 compared to the peak period in 2012.

In order to improve its performance, Iger will launch a series of make-up for the European market, which is not optimistic in the industry.

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< p > < strong > Giordano has closed 54 stores in the first quarter of this year, < /strong > /p >

< p > Giordano's sales in the first quarter of 2014 were 1 billion 380 million yuan, down 9% compared with the same period last year, of which mainland China's sales decreased by 11% compared with the same period last year.

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In the first quarter of this year, Giordano closed a total of 75 stores in the world, including 54 stores in the mainland of China. < p >

It is worth noting that the sales volume of the mainland market has shown a downward trend since the two quarter of 2012.

In response, Giordano announcements pointed out that, on the one hand, consumption in mainland China continued to be weak and product surplus; on the other hand, Giordano was implementing a major relocation plan in the mainland of China, while closing its poor image stores.

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< p > > strong > JEANSWEST closed 253 stores in the mainland last year, < /strong > /p >

< p > according to the 2013 earnings report of JEANSWEST's sunrise group, the total retail sales of the group in 2013 amounted to HK $6 billion 78 million, down 4.06% compared with the same period last year. The total retail sales in China declined the most from HK $4 billion 959 million to HK $4 billion 682 million, a decrease of 5.59%.

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< p > to this, JEANSWEST said that the central government cracked down on official and state-owned enterprises' corruption and luxury, making the high-end consumer places deserted, and precious seasonal gifts were also unsalable, and the entire retail market was also affected.

During the reporting period, JEANSWEST's main strategy was to solve the problems of increasing operating costs and increasing inventory with small profits but quick turnover. In order to keep the inventory at a healthy level, sales had to be reduced, so the company's net profit was impaired.

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By the end of last year, there were 253 stores in mainland China, of which 194 outlets were closed. < p >

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< p > < strong > Esprit last year the mainland closed 38 stores, < /strong > /p >

< p > Hongkong Si Jie Global Holdings Limited owns Esprit and EDC brands. According to its earnings for the third quarter of fiscal year ended March 31st this year, the company's sales in the first three quarters of this fiscal year dropped 7% compared with the same period last year.

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As of P, as of December 31, 2013, there were 963 retail outlets directly managed by Hongkong's Si Jie Global Holdings. As of December 31, 2012, there were 1060 stores in the world, and 97 stores were closed worldwide, including 38 stores in the mainland of China.

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