Giorgio Armani Group Sales Increased Slightly Last Year.

Italy famous designer brand Giorgio Armani group released its 2014 earnings report, and achieved impressive results in profits and sales: the global market led by its brands, Asia and the Middle East both achieved growth.

As of December 31, 2014, the fiscal year

The following is: sales volume is 2 billion 530 million euros, up 16% compared to the same period (2013 fiscal year is 2 billion 180 million euros); interest tax depreciation and amortization profit (EBITDA) is 507 million euros, up 5.7% compared to the same period (2013 fiscal year is 479 million 800 thousand euro); located in the fiscal year

The Casa branch of the office achieved 20% growth.

The advanced custom fashion line has achieved 30% growth.

In the earnings report, net profit figures were not released.

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Thanks to the growth of its brand sales across the board, UGG parent Deckers Outdoor Corp. (NYSE:DECK) lost its profits in the fourth quarter, but the group's expectations for the first quarter of the 2016 fiscal year were worse than market expectations.

Driven by the increase in UGG sales from 2/3 close to the business of 9.7% to 216 million 800 thousand US dollars, the Deckers Outdoor Corp.'s revenue in the fourth quarter ended March 31st increased by 15.6% to 340 million 600 thousand US dollars, which is better than the 321 million 600 thousand US dollar forecast and the 19.1% increase after the exchange rate.

However, the growth of UGG was mainly contributed by the increase of wholesale distribution revenue and the sales of new stores. The same store sales actually declined compared with the same period last year, resulting in a 6.5% decline in the group's same store sales.

Teva, Sanuk and other brand portfolios have double-digit sales growth.

By channel, wholesale distribution and direct sales to consumer channels increased by 16.6% and 14.1% to 205 million 100 thousand US dollars and 135 million 500 thousand US dollars respectively.

According to the market, sales in the US market increased by 9.8% to 217 million 700 thousand dollars, and the international market rose 27.5% to 122 million 900 thousand dollars.

Fourth quarter group achieved net profit of 1 million 406 thousand US dollars, a net loss of 2 million 685 thousand US dollars in the same period last year, and the diluted earnings per share increased from US $-0.08 in the same period last year to US $0.04, and the market forecast was US $0.

The gross profit margin was 44.7%, a 420 basis point drop from 48.9% in the same period last year, of which 160 base points were caused by the appreciation of the US dollar, and 260 basis points were attributed to the delay in the west coast port and the handling of the Tsubo brand inventory that is being sought.

In the 2015 fiscal year, the total revenue of Deckers Outdoor Corp. totaled $1 billion 817 million 100 thousand, representing an increase of 14.5% over the 1 billion 587 million 600 thousand US dollars in fiscal 2014, of which UGG sales increased 12.6% to 1 billion 490 million dollars, Teva and Sanuk increased 13.5% and 13.1% to 126 million 700 thousand dollars and 114 million 700 thousand dollars respectively, and other brands increased to the US dollar.

Net profit was 13.9% higher than the previous year's $142 million, and the diluted earnings per share rose from $4.07 to $4.66.

By the end of the year, group inventories increased by 12.9% to 238 million 900 thousand US dollars annually, UGG increased 11%, Teva fell 19.9% and Sanuk increased 93.2%.

Deckers Outdoor Corp. expects the share loss in the first quarter of fiscal year 2016 to expand from $1.07 a year ago to $1.52, much higher than the $1.17 expected by the market, and the revenue is expected to be unchanged from a year ago, with the market expected to grow 8% to 227 million 700 thousand US dollars over the same period.

As for the 2016 fiscal year, excluding the impact of the exchange rate, it is expected to achieve earnings of $5.60 per share, far more than the market forecast of $5.05, and the income target of $2 billion 10 million is also higher than the market forecast of $1 billion 950 million.