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    Quiksilver Continued Weakness: Net Loss Of $51 Million 618 Thousand A Year

    2014/12/17 13:24:00 23

    QuiksilverNet LossBrand Operation

    Us extreme sport Brand Company Quiksilver Inc. (NYSE: ZQK) recently released its four quarter and full year results, which was recorded in the four quarter of October 31, 2014.

    Net loss

    $51 million 618 thousand, a loss of $0.29 per share, is far worse than analysts' loss of $0.11 per share, and the 2015 earnings forecast is worse than Wall Street analysts' expectations, after which the stock fell more than 5%.

    As of the four quarter of October 31, 2014

    Quiksilver

    Inc.'s income was recorded at $400 million 700 thousand, a 15.8% decline compared with $475 million 900 thousand in the same period last year, with a total income of $1 billion 570 million 400 thousand in the 2014 fiscal year, a 13.3% decrease compared with 1 billion 810 million 600 thousand in the same period last year.

    Fourth quarter group all areas, all

    Brand income

    The sales in America, EMEA and Asia Pacific fell by 23%, 7% and 14% respectively. The income of three core brands of Quiksilver, Roxy and DC fell 18%, 9% and 19% respectively.

    Quiksilver Inc. expects revenue in the 2015 fiscal year to be US $1 billion 480 million -15.5 billion, or worse than analysts' average estimate of US $1 billion 620 million.

    Related links:

    The French luxury group Kering SA (KER.PA) Kai Yun group expected the Gucci Gucci CEO Patrizio di Marco and creative director Frida Giannini, but the sudden "cleaning" led to speculation about who will take over the design of Gucci Gucci.

    Currently the most popular number is Givenchy Givenchy creative director Riccardo Tisci.

    It has been reported that Gucci Gucci has already contacted the biggest competitor of Kering SA (KER.PA), the largest luxury group LVMH Mo t Hennessy Louis Vuitton SA (Vuitton), MOET & CHANDON, Hennessy LV group, but the spokesman of the group has declined to comment, saying "recruitment is in progress".

    According to statistics, Riccardo Tisci signed a three year contract with Givenchy Givenchy in early 2013, and the contract expires in October 2015.

    However, LVMH has been implementing its employees' contracts and non competition provisions for a long time, so Riccardo Tisci is unlikely to advance the flagship brand of the "dead end" flagship group in advance of the ten year of Givenchy service.

    Of course, the alliance between Gucci Gucci and Riccardo Tisci will be the most exciting combination of the Kering SA (KER.PA) Kai Yun group after Heidi Slimane's helm Saint Laurent, and it is also hoped that Gucci will find the impetus to stimulate business growth again.

    Before Gucci Gucci cleaned Patrizio di Marco and Frida Giannini, the brand was then asserted by analysts that it would be eliminated.

    Luca Solca, a leading analyst in the luxury goods industry and Exane BNP Paribas, said Gucci Gucci should learn from Hedi Slimane to bring about changes in Saint Laurent. "You can't always use the old logo, you need to break through innovation."

    At present, Saint Laurent is the flagship brand of Kering SA (KER.PA), which is the fastest growing brand of Kai Yun group and even the whole industry. The controversial designer Hedi Slimane has been leading the double-digit growth of the brand after joining the brand. The three quarter revenue increased by 27.6%, an increase of 27.5% over the base.

    The rapid growth of Bottega Veneta Bao butterfly family, the brand's three quarter revenue growth of 10.4%, an increase of 10.8% over the basis.


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