Shandong Textile And Clothing Exhibition Fair Is Popular In The Industry.

The reporter learned from the Shandong clothing industry association that the Shandong textile and clothing exhibition fair will be held in Ji'nan in from May 23 to 27, 2015.

Among them, as one of the main activities of the Shandong textile and garment matching conference, after many discussions, the exhibition did not start, the turnover has reached about 20000000 yuan.

It is reported that the 2015 Shandong textile and garment exhibition will highlight the "promotion"

The theme is to encourage enterprises to participate and guide the public consumption by observing and buying, displaying and displaying, combining online and offline.

The exhibition will set up a "one main, four auxiliary" five venues: Shun Geng International Convention and Exhibition Center, Shandong building, Ginza underground Plaza, Kou Kou clothing city, Shimao International Plaza as an auxiliary venue.

It is divided into three major exhibition areas and four major ones.

The total exhibition area is about 27000 square meters.

The exhibition will bring together more than 300 enterprises and 23 characteristic industrial clusters. 30 Chinese and foreign designers and brand enterprises will participate in the exhibition. 9 creative release shows, 10 benchmarking activities and 4 special training sessions will be held.

In addition, as an exhibition showing the new thinking of "Internet +", the Shandong textile and clothing exhibition will be purchased from the well known Shandong e-commerce platform, online crown shop and vertical professional buyer.

At present, the exhibition has been working with dozens of e-commerce platforms such as Alibaba, clothing networking, Jingdong, China Construction Bank, and the United States.

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Last year, the long Hongkong protests led to a setback in many luxury retailing businesses, and Burberry was one of them.

At the same time, the weakness of the euro led to the spread of the "gray market" trade. The intermediate chamber of Commerce went to Europe to buy luxury goods at low prices and returned to China for the two sale.

In addition, the Chinese government's suppression of vanity consumption is also an important reason for the decline in the performance of luxury brands.

London's early trading, BRBY shares: -5.37%, BURBY shares: +0.02%, plunged 4.2%, the largest decline since October 15, 2013.

At that time, Burberry announced that CEO Angela Ahrendts, which had pformed the brand to sexy and modern fashion, has switched to Apple, and its chief designer, Chris Bailey, will replace it.

At that time, retailers generally believed that this kind of creative and core management of the two functions merged into one position is quite bold.

Judging from Wednesday's share changes, Bailey's performance in the company's performance for one year has not been satisfied with market satisfaction.

Although this year's earnings are in line with expectations, investors are concerned about other parts of the result.

Mike van Dulken, head of research at Accendo Markets, called it an "unexpected early warning."

Hargreaves Lansdown financial analyst Keith Bowman said: "the earnings forecast for the new financial year at the top of the company is disappointing and is expected to be affected by exchange rate resistance.

There is also an early warning of future prospects, emphasizing that uncertainty in some markets will increase. "

"Japan's licence expiry also has an impact on this.

In the second half of fiscal year, Chinese consumers' demand for Burberry products is slowing down, and it is expected to lead to a slight decline in 2016 annual performance.

Keith Bowman added.

By the end of March, the net profit in the last fiscal year was 336 million 300 thousand, compared with 322 million 500 thousand pounds in the same period last year, but the adjusted pre tax profit was reduced from 462 million pounds last year to 455 million 800 thousand pounds. The annual revenue increased from 2 billion 520 million pounds last year to 2 billion 520 million pounds, an increase of 8%.

At the same time, the company said that the impact of exchange rate changes will continue to the new fiscal year, and accordingly issued a financial warning. Burberry estimated that its wholesale and retail profits in fiscal year 2016 would be about 40 million pounds, lower than expected.

The news has disappointed investors, causing the company's worst share price slide in a year and a half.

The company's adjusted pre tax earnings decline was attributed to the change in the pound's exchange rate and the slowdown in sales in Hongkong.

In addition, sales of its iconic windbreaker and other products in China last year were not optimistic.

Burberry has updated its market performance in the second half of April.

The turnover in the US and Europe, the Middle East, India and Africa all showed a two digit increase, which helped to balance the decline of the brand in the Asia Pacific region.

Burberry CEO Christopher Bailey said: "in today's challenging external environment, our global sales team will pay more attention to our core business, including brand proud British original product development, and expansion of online and offline product integration.

"In the early part of this year, we found that instability is growing in some markets.

Against this background, we will continue to make use of our existing channels, geographical and product advantages to flexibly manage our business and create long-term value for our shareholders.

Burberry has raised its annual dividend from 10% to 35.5% per share. "