UGG Appointed David Latiffe As Chief Operating Officer

The parent company Deckers Outdoor Corp. (NASDAQ:DECK) announced on Tuesday the appointment of David E. Lafitte as chief operating officer of the company. He will take office in February 1st to replace Zohar Ziv., which was retired in January 16th.

In the appointment statement, chief executive Angel Martinez said David Lafitte would be an important member of the group's management in the future expansion process. Angel Martinez also said that the company would benefit from the experience of David Lafitte's manufacturing, IT and inventory management.

Prior to January 2012, he began to serve as a consultant for Deckers. He was also a shareholder of Stradling, Yocca, Carlson & Rauth, P.C..

Four US stocks released the first quarter fiscal year 2015 after adjusting the earnings cycle.

In the first quarter of June 30, 2014, the net loss in the first quarter of Deckers was $37 million 62 thousand, or $1.07 per share, but far exceeded analysts' expected loss of $1.29 per share. Gross revenue rose 24.3%, from 170 million 100 thousand US dollars a year earlier to 211 million 500 thousand US dollars, which also exceeded analysts' expectations.

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In recent years, the physical retail industry has been hit by online shopping. Hongkong's wealthy businessman Joseph Lau's company has reduced SOGO's department store and Hongkong TheOne department store in recent months.

New world department store has increased its investment in its own brand in the past year, and set its target in the mainland's three or four line market.

Faced with the impact of e-commerce, the thinking of Hong Kong businessmen has split up.

Joseph Lau, a subsidiary of Hongkong fortune merchant, has been reducing its parent company in recent months, and is the sovereign fund of Qatar in the Middle East.

By the end of 2014, the Chinese shopping center had stripped the TheOne shopping center to HK $7 billion 780 million for Joseph Lau.

Industry analysts believe that Joseph Lau may take a look at the physical retail industry in Hongkong and the mainland.

At the same time, Chen Qizong, chairman of Hang Lung estate, said he was not worried about the impact of online shopping. He believed that luxury goods would focus on the best shopping centers, and Hang Lung's strategy was to build a top shopping mall.

The New World Department reveals that the group will focus on expanding its territory in the future, and plans to move its business to the three or four tier cities in the Midwest.

The recent acquisition of New World Department also includes channel resources.

Xie Chen, senior director of the global research department of World Bank Richard Ellis, told reporters that the proportion of consumers in the three or four tier cities who spend on online shopping is much higher than that of the second tier cities.

This means that the layout of department stores in the three or four tier cities is far from enough, and the consumption of residents is not satisfied.

Zhejiang Yintai and other department stores gradually expand their layout to other traditional high consumption cities such as Hangzhou, Ningbo and Wenzhou.

Xie Chunchen, partner of Shanghai Rui Jie network technology company, who is engaged in retail management, told reporters that in the survey, some high-income people are willing to pay for the experience of the physical store, spend money on services, and value the service of the "fitting room" in the physical store, and communicate with the shop assistants.

Therefore, in the blank area of the three or four line cities, department stores are still very few, and they need to fill in the air without saturation.