Zhejiang Hemp Town Has Been Called "China Sofa Cloth Production Base".

Recently, the city of Tongxiang in Zhejiang province has won the title of "China sofa cloth production base" issued by the China Textile Association.

Over the years, hemp town has built a large number of home textile and textile enterprises around the home textile and textile industry construction Park, supporting large families, and was born in 2004.

The China Textile Association has been identified as the third batch of famous towns and awarded the "China".

Famous town.

With the change of industry structure, the market is gradually refined.

Home textile enterprises take advantages and avoid disadvantages and focus on the production of sand, forming a larger scale and leading position in China.

To this end, by the Tongxiang Municipal People's government application, the China Textile Association decided to grant the title of "China sofa cloth production base".

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Recently, Italy luxury brand Versace revealed that the brand's net profit increased by nearly 1/3 in 2013.

Gian Giacomo Ferraris, chief executive, revealed that although China's market slowed down due to economic slowdown and anti-corruption, Versace's sales in China still maintained two digit growth.

He also pointed out that the growth of China's business today mainly comes from existing stores and network channels.

The brand is no longer as sharp as it used to be to increase the number of stores. Although it can no longer return to the high growth rate of "38%" in the past, the present growth pattern is more profitable.

The recent performance and data released by several luxury groups and market research institutions show that the luxury market is in a predicament.

Britain's Burberry and Mai Baorui announced a profit warning this month, both in.

The world's largest luxury group LVMH grew by only 4% in the first 9 months of the year. The leather Department of Louis Vuitton LV and Fendi Fendi continued to be weak and organic growth was only 3%.

The latest performance reports of last year's peak group and Prada (Prada) last month sent negative signals.

In this regard, Gian Giacomo Ferraris said that China's anti-corruption action has indeed affected the production and operation of watches, jewelry and spirits of luxury goods enterprises, and Versace sales are not only luxury products, but also a fashionable way of life, so the impact is not too big.

Versace's net profit in the 2013 fiscal year achieved a significant increase of 27.6%, from 8 million 500 thousand euros in fiscal year 2012 to 10 million 900 thousand euros.

According to the constant exchange rate, the profit before the depreciation and amortization of EBITDA was 71 million euros, up 60% from the same period last year.

As of December 31, 2013, the annual sales rose by 17% to 479 million 200 thousand euros, of which the US and Asia increased by 32% and 19% respectively. The main line Versace Versace contributed 60% of sales.

Gian Giacomo Ferraris said that the brand will achieve annual sales target of 800 million euros by 2016, and plans to go public in 3~5.