Zara Opens The First Household Goods Store

It is reported that the Spanish global chain Zara Home2 will open its first place in Highpoint Shopping Centre in Melbourne, Australia on 12 June.

The store will soon open a flagship store in Sydney.

The high point shopping center will display all the series of Zara home decoration brands, including Zara Home Kids.

In 2011, Westfield opened a three storey store in Sydney, and later opened a three storey store in Burke street Bourke, Melbourne, and now there are 11 stores in all parts of Australia, Street. Mall.

There are more than 430 chain stores in 60 countries.

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Last week, the Swiss Franc denomination announced a sharp adjustment, the world's two largest luxury watch company Swatch group and the peak group almost adjust their prices at the same time.

At the Geneva international advanced watch exhibition held this week, Lifeng group said it would raise the price of euro zone dealers by 5% to 7%, but the price of Swiss francs would remain stable.

In addition, Nick Hayek, chief executive of Swatch group, said, "we will adjust the price of some euro zone brands, from 5% to 7%, and possibly increase to 10%."

Nick Hayek commented on his visit to Bloomberg, and his spokesman B e atrice Howald subsequently confirmed the statement.

Cartire Global CEO Quercize expressed confidence in Cartire's performance this year: "at the end of last year, we performed well in the European market."

Last week, the Swiss central bank lifted the lower limit of 1 euro to 1.20 Swiss franc, the Swiss central bank's decision to prompt the Swiss Franc to soar, and the Swiss Franc jumped 41% against the euro.

Subsequently, the two major groups immediately made price adjustment decisions.

Its brands include strong brands like Cartire Cartier and Wan Guobiao IWC, as well as professional watchmakers such as Jaeger Le Coulter Jaeger-LeCoultre and Vacheron Constantin Vacheron Constantin.

Swatch group includes premium watch brand Breguet and Blancpain, and the best selling brand OMEGA Omega.

The two major clocks and watches group said they would give the brand discretion to adjust their euro zone prices according to the local market situation.

According to the group, the exact level of price increases will vary according to brand, depending on how their subsidiaries perceive their positioning in different European markets.

According to Swatch group, chief executive Nick Hayek said he was "reluctant" to drive up prices, especially through entry-level brands Swatch and Tissot, which were probably afraid of losing market share.

No group gave any indication that the current strong Swiss Franc would mean a profit.

In the great panic, profits will inevitably be squeezed, just as Europe's currency continues to unrest.

It is understood that most of the watches of the two groups are made in Switzerland.