Hermes'S "Up And Down" Brand Is Expected To Break Even In 2016.

Hermes International Group China brand Shang Xia (upper and lower) fourth largest and largest store opened in Shanghai recently.

Thomas, the former chief executive of Hermes, said that the profit and loss balance was expected to be achieved in 2016, but he declined to disclose the specific amount of investment and the specific sales data of the company.

September 2013, up and down Garrison

It opened a 70 square meter store to test the international market, but the opening time was 1 years later than the original plan.

According to the interview, the top and bottom brand Paris boutiques try the water not the Chinese consumer market, hoping to attract overseas customers who are interested in Asian traditional crafts.

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The prospects of the industry are conservative. The Mintel Group Group, Asia Pacific Research Director of the British consultancy, said that the top and bottom brands were not good at attracting Chinese consumers. A.T. Kearney, a consultancy, believes that the interest of Chinese consumers is shifting from the famous brand to the niche brand, so the brand concern is not high.

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Since last month's record of IPO (initial public offering) in the amount of $25 billion, Alibaba shares have risen 35%.

Driven by the Alibaba, the stock market of the electronic commerce sector rose collectively, and the Jingdong mall rose 0.2%. Vip.com also rose for seventh consecutive days.

Bloomberg China -UNS stock index fell 0.4% to 106.95.

Analysts expect Alibaba revenue to grow by 42% to $2 billion 540 million over the year ending September 30th.

Vip.com's revenue is expected to increase by 125% over the same period.

Bloomberg data show that the second quarter of China's e-commerce retail sales grew 47%, an increase of 44% in the third quarter.

"People expect Alibaba to achieve good profits, which may be higher than market expectations."

"As China's online shopping continues to boom, the third quarter results of China's e-commerce companies have improved as a whole," said Jun Zhang, director of Chinese stock research at Rosenblatt Securities, Rosen Blatter.

Alibaba will release its first earnings report in November 4th.

In the fiscal quarter ending June, the company's net profit increased 2 times to $1 billion 990 million, and revenue grew by 46% to 2 billion 540 million dollars.

"Alibaba still has great opportunities in China."

"Taobao and Tmall will continue to push forward the business development in the next few years," said Gil Luria, a technology analyst at Wedbush Securities, an American broker. "Taobao and Tmall will continue to promote their business in the next few years.

They may also expand globally in other areas. "

Alibaba provides a platform to facilitate pactions between buyers and sellers. Individuals and small businesses can sell goods through Taobao, while retailers and producers use Tmall.

Jingdong mall is the second largest e-commerce company in China. Its stock price closed at $25.44 on Wednesday.

Vip.com rose 2.5% to $205.

IShare China's big market value ETF fund ended its three consecutive day of gains on Wednesday, down 0.4% on the day and closed at $38.26.