Many Luxury Goods Fall Into "Abuse Door".
Saint Laurent, Burberry, Dior and other luxury goods once again fall into the dispute between fur products and animal abuse. Recently, a non-profit organization accused the animal base of luxury brands of cruelty to animals, but this fact was strongly denied by the brand.
A non-profit animal protection group recently investigated a breeding plant in Spain, where 70 rabbits were kept. Luxury goods do Product grass Preparation for single product, including Marc Jacobs, Diane von Furstenberg, Burberry, Christian Dior, Giorgio Armani, Yves, Giorgio, etc.
They have mastered the evidence of farm cruelty to animals. After a thorough investigation, we have confirmed the fact that farm animals are cruelty to animals. However, the luxury brand is a collective denial. The Saint Laurent brand responded that the Saint Laurent team said that it had been working hard to find solutions to ensure a high standard of animal welfare system, and Saint Laurent had issued a specific "fur guide" to distribute the raw materials needed by the direct supplier system.
Burberry We also believe that the farm is not part of our supply chain, and strongly condemns the cruelty of animals. It also declares that the fur of the Burberry brand is based on ethical standards. The Burberry brand promise will not use the fur material obtained by illegal killing animals.
The response from Dior is basically the same as those of the first two brands: Dior fashion houses have never been involved in any fur trade caused by cruelty to animals. Dior emphasizes that the fur coming from fashion is strictly following relevant regulations.
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According to a statement released on 17 July, the group of Asia based consumers reduced their luxury purchases. By the end of August, the company's sales grew by 4% over the past five months, the slowest growth rate since 2009.
The Swiss luxury goods company was founded by Anton Rupert, a South African billionaire, in 1988. The company deals with jewelry, watches, accessories, fashion and other business areas. It has Vacheron Constantin, Jaeger Le Coulter, Cartire, Dunhill, MontBlanc, Italy jewelry brand Giampiero Bodino and other famous brands.
Its group with OMEGA, Longines and other brands also recently predicted that sales growth of the group could drop to 2% to 6% this year, much less than last year.
Because of poor performance, this year, the stock market of luxury goods is gloomy. As of 18 closing date, so far this year, the world's largest luxury group, the peak price fell 6%. Its KER.PA, which owns Gucci, Prada, Alexander McCune, Betty Winnie Da, Saint Laurent, Paris, Brian, Stella McDartney, Choros, Boucheron, PERREGAUX, and Wei Sha, is the best performing stock in the dragon head business of the luxury industry, and its stock price in Paris has increased by 8%. COH.NYSE has the worst performance and its stock price has fallen by 34%. In addition, stocks such as Michael Gaus and KORS.NYSE have been sold by famous investors recently, and the share price has dropped by about 7%. The stock price of BOSSn.DE has been reduced by about 7%.
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