John C. Jay As Creative President Of Fast Marketing Group

Japan Xun marketing group formally appointed John C. Jay as the international creative president of the group.

This position is specially designed for him.

He will be responsible for product and concept store design, and

and

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Since joining Fleece in 1999, John C. Jay has maintained a good relationship with XXX group for a long time.

Ryui Masa, group president, said the cooperation is related to the creative pformation of brand in innovation and publicity.

He said, "effective advertising to customers is now more important than ever, especially the fast selling group is developing the international market rapidly.

I believe that John C. Jay will be a good time to join our team.

His experience and background in retail, design and advertising will contribute a lot to our advertising campaigns. "

Its own brands include UNIQLO, GU, Theory, Comptoir des Cotonniers, Princesse Tam.Tam and J Brand.

Among them, the leading brand, UNIQLO, now has 1400 stores in 16 countries.

The group will make its financial statements for 2013/2014 in the near future by the end of August.

Sales in that year amounted to 7 billion 100 million.

This makes it possible for company management to expect sales in the next financial year to reach 10 billion 50 million.

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As North American business continued to slack, Levi's Levi's parent company Levi Strauss & Co. continued to decline in the three quarter. As of the three quarter of August 24, 2014, group net profit fell 57 million 75 thousand to $50 million 620 thousand, or 11.3%, in the same period last year.

Operating profit also declined by 2%, from $125 million in the same period last year to $122 million, while sales in the European region increased by 4% from $275 million in the same period last year to 286 million dollars. The increase in European Regional revenue mainly benefited from the rise in self run store sales. The eurozone's quarterly operating profit rose to the US dollar, which was mainly due to the increase in gross profit margin in the same period last year. Sales growth in Asia dropped to US dollars from the US dollar in the same period last year, and the retail price was also affected by the retail channel or wholesale channel. However, the Asia Pacific region's quarterly operating profit fell from the US dollar in the same period last year to us dollar. The decline in operating profit was mainly affected by the bad gross margin caused by the large scale promotion in the Asia Pacific region. In the three quarter, Levi Strauss & Co. sales in North America dropped 2%, from 710 million US dollars in the same period last year to 697 million US dollars, and the decline in sales was mainly due to the drop in wholesale business of women's clothing and three quarter of North America.

As of the three quarter of August 24, 2014, the total income of Levi Strauss & Co. group was $1 billion 154 million 100 thousand, an increase of 1% over the same period of 1 billion 141 million 300 thousand a year ago. Gross profit was 562 million 200 thousand dollars, a 2% decline compared with 572 million 800 thousand a year earlier, and gross margin fell by 150 basis points, from 50.2% in the same period last year to 48.7%.

Levi Strauss & Co. Co. launched its business restructuring and cost reduction plan in March this year.

The first phase of the plan will reduce about 800 non retail and non manufacturing jobs in the next 12-18 months, accounting for nearly 20% of the total number of employees. It is expected to save 75 million to 100 million dollars a year, aiming at streamlining the company's business and promoting long-term profit growth.

The company said it had already spent $103 million by August 24, 2014, and the cost savings would be between $100 million and $125 million in the year to come, higher than expected.