Bvlgari Serpenti Series Jewelry Lights Up Christmas In Rome

BVLGARI Bvlgari lights Christmas with jewelry inspired lights on the Rome road. These Christmas decorations creatively interpreted Bvlgari's signature Jewellery Design - Serpenti series of winding lines and winding lines, and the fan design of the DIVA series was inspired by the Christmas tree.

Bvlgari has no doubt chosen. brand The two most representative works are celebrating Christmas. Serpentine jewelry was recorded in the annals as early as 46 ad in Egypt after the visit of Kaiser to Rome. After 2000, the mysterious totem was more attractive because of the perfect interpretation of Bvlgari Serpenti series. The DIVA series is a tribute to the deep feelings between Bvlgari and goddesses. It is a gorgeous Ode to the charm of women. Its very soft and graceful lines remind people of mosaic tiles in Caracalla baths.

At the event, Chiara Franchini, a famous actress in Italy, held a special presided over, with the Bvlgari global CEOJean-Christophe Babin, chairman of the Condoti Avenue Business Association, Gianni Battistoni, to illuminate the glorious birthday decorations for this famous street, and let history and creativity shine together. Chiara Francini Gianni Letta, former Vice Premier of Italy, also attended the Bvlgari lighting ceremony.

It is the root of Bvlgari. It was once the fashion center of Rome's "sweet life" era. Today it is still the most charming and charming place in the world, and the Bvlgari Christmas with ingenuity. decorate Let this ancient street flash into a joyous Christmas atmosphere.

　　 Bvlgari Global CEO Jean-Christophe Babin said: "the occasion of the 130th anniversary Christmas lighting ceremony on this charming street is very special for Bvlgari. Rome is the birthplace of Bvlgari brand and the eternal source of inspiration. In 2014, Bvlgari celebrated the opening of the flagship store of Condoti Avenue, and donated 1 million 500 thousand euros to repair the most famous landmark Spanish Steps in Rome. This time, we also put on a new Christmas dress for Condoti Boulevard and salute Rome, the eternal city in this way. We are very proud of this.

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J.Crew Group Inc., a fashion retailer in the US, responded to the trend of consumers moving from physical stores to online shopping. It made a non cash impairment of $684 million on its physical stores and J.Crew brand names, making it net profit in the three quarter of November 1st as a net loss of $607 million 800 thousand, compared with a net profit of 35 million 400 thousand dollars in the same period last year.

J.Crew Group Inc. pointed out in the earnings report that the difference between the fair value and the book value of the physical stores in the one or two quarter of this fiscal year has narrowed considerably. In the three quarter, because of the sluggish sales of women's clothing and accessories, the group's CEO Millard "Mickey" Drexler was "extremely challenging and very difficult", so the profitability of the entity store was further weakened, which is expected to last at least until the first quarter of fiscal year 2015. Therefore, according to current and expected operating results, the group reduced the value of its physical store by 57% or 536 million dollars, while the value of the J.Crew brand name was also reduced by $145 million.

Stuart Haselden, chief financial officer of J. Crew Group Inc., said the operation reflected the change in people's shopping habits: "shopping mall passenger traffic has declined for two consecutive years, and the e-business in the whole industry has been increasing." However, the group has no plans to close its stores, but next year it will add 20 new stores to its young brand Madewell. Madewell achieved 32% growth in the three quarter.

The total revenue in the three quarter totaled $655 million 200 thousand, up 6% from the same period last year, while the same store sales decreased by 2% year-on-year, while the same period last year increased by 4%. Direct sales (e-commerce and mail order business) increased 10% to 207 million 800 thousand dollars, an increase that was considerably slower than that of the same period last year.

Gross profit margin fell from 43.9% in the same period last year to 40.2%, or 370 basis points. The adjusted EBTIDA profit before tax and depreciation amortization fell 26.7% to $80 million 900 thousand compared to the same period last year, compared with $110 million 400 thousand last year.