Gucci'S Management Plunged Sharply In The First Quarter

Mark Duprisi, chief financial officer of Kai Yun group, said that the group's primary task is to give Gucci brand "new power", which currently accounts for about 60% of its total operating profit.

Du Pricy revealed that Gucci's wholesale revenue plunged 23% in the first quarter, indicating that the brand is losing a lot of customers.

Although the brand management of Gucci (Gucci) has undergone tremendous changes in the past year, it is still powerless to return to the sky, and the Italy brand continues to sink.

The latest data show that as of the end of March 2015, Gucci Gucci's income fell by 7.9% at fixed exchange rates, far below analysts' 3%-6% expectations.

Affected by the extreme weakness of Gucci, the luxury sector of Kai Yun group declined 2.6% year-on-year in the first quarter of this year, the worst quarterly performance in recent years.

CEO of Kai Yun group

It said that the weak performance in the first quarter was mainly influenced by the complex economy and the pition period at the top level of the brand, believing that the new team could provide great potential for the brand.

Pino rarely mentioned the cost control plan in his earnings report, but no details were involved.

Before,

The first quarter earnings report of LVMH, the competitor, showed that it was subject to the

The impact of weakness has gained double-digit revenue growth.

However, Lu Wei Ming Xuan's fashion and leather products sector is weaker than last year. Combined with the earnings of Kai Yun group, the global luxury market is becoming more and more serious.

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During the "13th Five-Year" period, the emerging inter China Group will accelerate the pace of "going out", increase investment and M & A efforts, step by step to achieve the "go out" of products, equipment, and industry, go out of the industry, go out of property rights, and achieve the full internationalization of products, services and production.

As the first logistic equipment service provider of the whole army, Liu Mingzhong, chairman and Secretary of the Party committee of the emerging China group, said recently that the new inter China will implement the deployment of the Party Central Committee, the State Council and the SASAC, seize the opportunity, step out of the way and introduce high level, and achieve the international layout in the vision and action of "one belt and one road", and strive to implement the "pacesetter" strategy of "one belt and one road" strategy.

The leading product of Xinxing China group, the leading product of Xinxing Limited by Share Ltd, has the properties of steel, the nature of iron, the resistance to corrosion and energy conservation and safety. At present, almost all the underground water conveyance networks in the cities of the developed countries and over 90% of the cities in the developed countries and the United States all use ductile iron pipes, and Beijing 95% basically adopts new casting pipes.

It is reported that Xinxing pipe will rely on cast pipe products and equipment to build infrastructure for the developing countries along the "one belt and one way" strategy, establish the interests and interests of the countries and regions along the line and cooperate with the largest common divisor, expand the layout of the ductile iron pipe in the international market, and consolidate and enhance its global first position.

Emerging interregional China said that as an important layout area of the "one belt and one way" strategy, the Central Asian region will take advantage of Xinjiang's regional advantages as the core area of the Silk Road Economic Belt. Based on the 3 million tons of iron and steel pipe stock capacity, the Central Asian region will improve and optimize the R & D, production, trade and marketing system, enhance the supporting ability and comprehensive competitiveness of the regional industry, and fully radiate into Central Asia, Western Asia and Russia.

In addition to the field of water delivery, the newly developed foundry company has developed a highly efficient centrifugal casting technology with the help of sophisticated centrifugal casting technology, and has successfully developed a bimetal composite pipe with energy saving and compressive resistance and corrosion resistance in the world. It has broad application space in the field of oil and gas pmission pipelines.

While the product is "going global", xinjihua will strengthen equipment and industry "going out".

In accordance with the reality of "the promotion of energy resources on the spot processing and pformation cooperation" in accordance with the "one belt and one way" strategy, aiming at the realities of prohibiting outbound processing of mineral resources in some countries, local industrial bases in the near future will be built from mining, pelletizing, smelting, casting, finishing and finishing, and construction and production services integration.

The implementation of the "one belt and one way" strategy provides a platform for developing new China's technology cooperation and resource integration.

Xinxing China will rely on the production capacity of 70 million sets of professional clothing and 160 million pairs of shoes of Limited by Share Ltd, which are listed on the light industry board, and focus on fashion and brand, and introduce advanced foreign technology and partners to achieve their own product structure and industrial structure.

At present, Xinxing China has set up design and research centers in the hinterland of Milan and Paris. In the first tier cities such as Beijing, it has been distributing marketing centers in Italy to acquire luxury brand first-rate leather suppliers such as LV, Prada, Gucci and so on. In France, it has co operated with Michelin Co to introduce tire materials into the shoemaking field. From the most fashionable fashion, the most beautiful design, the best material and the strongest demand, China and Europe combined to create a brand new JH1912. At present, it has opened more than 30 points in the whole country, and has opened flagship stores in Milan, Italy. This year it will open to more than 100, and will gradually open to 1000 countries to build the international influence of the inter China brand.

In the face of political, legal and cultural differences between the countries along the border, Xinxing China will innovate governance mode and cooperation mode, share responsibilities and share risks.

Liu Mingzhong said that the emerging inter China will seize the opportunity to deepen the first batch of pilot reform of state-owned enterprises, and further improve the corporate governance structure with the core of the board of directors, especially for the subsidiaries abroad. It will establish a governance system that is compatible with international standards and adapt to the local environment, and establish a market-oriented, international selection and employment mechanism, and an assessment and incentive system to improve the level of international operation.

It is necessary to further strengthen the management of overseas enterprises, abide by the local laws of the host country, respect local culture and achieve a harmonious operation.

Liu Mingzhong said that the emerging China will also rely on financial innovation to ensure financial integration.

We will make full use of the national level financial services such as Asian investment bank and Silk Road Fund. At the same time, we will integrate financial resources, implement financial innovation, set up industrial acquisitions fund, solar energy fund, and China ink energy investment fund, etc., and serve to support our industries and equipment to go out.