LVMH Bid Farewell To Designer Brand Maxime Simoens

The world's largest luxury group LVMH Moet Hennessy Louis Vuitton SA (LVMH.PA) MOET & CHANDON Hennessy LV group has divestment of the first new designer brand Maxime Simoens in recent years.

In early 2013,

Announced the purchase of a minority stake in Maxime Simoens.

The 28 year old Maxime Simoens graduated from France's most prestigious fashion design institute in 2006, L'Cole Cole de la Chambre Syndicale de la Couture Parisienne, worked in the fashion houses such as, ",", ",", "and", and the same name was created in 2009.

Brand.

After only two advanced custom series was released, Maxime Simoens was invited to join the French Fashion Association and became the first member of the fashion show that had not been held.

In January 2012, Maxime Simoens first made advanced customization in Paris.

Zhou issued a series of advanced customization.

Maxime Simoens confirmed that it had "split up" with LVMH, but refused to give details in view of the confidentiality agreement.

It is reported that this has made a great impact on Maxime Simoens and Maxime in terms of Finance and operation. The brand not only reduced the size of personnel, but also suspended the release of new series, but Maxime Simoens said it still had "great confidence" in the future of the brand.

After Maxime Simoens, LVMH has invested in the personal brand of Italy designer Marce de Vincenzo, British shoe designer, Mr. Louis Weedon and British designer LVMH, under the impetus of group board chairman and CEO Arnault daughter and Louis Vuitton executive vice president, Delphine Arnault.

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Recently, the export companies such as Huafu color spinning, Bailong East, Lu Tai A, Weixing stock and urge stock have appeared to be popular.

This popular background is due to the announcement of the Ministry of Finance and the State Administration of Taxation on the adjustment of the export tax rebate rate for some products. Since January 1, 2015, the export tax rebate rate of some products has been readjusted again, of which the export tax rebate rate for textile and garment has increased to 17%, and the full amount of tax rebates has been achieved.

The term "export tax rebate" has been the most sensitive term in the textile and garment industry in recent years.

Since March 1985, the State Council formally promulgated the export tax rebate policy and implemented it in April 1, 1985.

After frequent adjustment, the export rebate rate of textile and clothing remained largely within the range of 5%~17%.

This part of the textile and garment export tax rebate rate increased to 17%, will bring good benefits for the textile and garment industry.

In the past, the textile and garment industry has repeatedly pulled out of the export tax rebate rate adjustment to get rid of the dilemma of the sharp decline in trade growth.

Among them, in order to get rid of the Asian financial crisis in 1998, the export rebate rate of textiles and clothing was raised from 6% to 11% in January 1998. 2005 was the golden peak of China's textile and clothing exports. In order to reduce the trade surplus, 2006 made the textile export tax rebate rate dropped from 13% to 11%, and then reduced to 5% (viscose fiber) in 2007. After the outbreak of financial crisis in 2008, the export rebate rate of viscose fiber was further raised from 5% to 14%.

The export tax rebate rate rose to 17%, mainly for the past 3 years, the textile and clothing exports continued to slump, the middle and low order accelerated to Southeast Asian countries and other unfavorable environment.

According to the analysis of the industry, the state adopted a relatively moderate and orderly regulation and control measures. 17% of the textile and garment export tax rebate rate once again gave enterprises breathing space and response space.

According to the General Administration of customs, textiles and clothing accounted for 13% of China's total exports in the first 11 months of 2014, but the growth rate slowed down significantly.

In the first 11 months, exports of textiles and clothing increased by 5.3% and 6% respectively, less than half of the same period in 2013.

In 2014, the downward pressure on China's economy gradually increased. In the first three quarters, GDP (GDP) increased by 7.4% over the previous three quarters. The first three quarters increased by 7.4%, 7.5% and 7.3% respectively, while the growth of main economic indicators in October and November further slowed down, indicating that the economic growth in the four quarter has not been completely stabilized.