2015 Profit Analysis Of Garment Industry In The First Quarter

In the first quarter of 2015, the market situation of clothing industry continued: luxury price reduction, light luxury era outdated, buyer shop Browns easy to master, fast fashion force sports market, sports market force fast fashion......

One by one, one action after another.

But how much money did they make in this quarter?

Luxury goods

Dior group: an increase of 15.8%

LVMH holding company

Christian Dior released its three quarter earnings report. Dior's overall revenue increased by 15.8% to 8 billion 751 million euros in the three quarter, 7 billion 556 million euros in the previous year, and 26 billion 224 million euro in the first nine months, 10.7% more than 23 billion 681 million euros in the same period of the previous year.

Dior brand recorded a 21.3% growth in the first three months of March 31, 2015, up from 357 million euros in the previous year to 433 million euros; the brand sold 1 billion 287 million euros in the first nine months, up 15.6% from the 1 billion 113 million euro in the previous year.

LVMH group: an increase of 16%

The report released by LVMH, a luxury luxury goods company in France, showed that sales increased 16% to 8 billion 300 million euros in the first quarter of this year, mainly benefiting from the depreciation of the euro because more than 70% of its products were sold outside the euro area.

Excluding the impact of exchange rate changes, acquisitions and asset sales, the company's first quarter sales grew 3% year-on-year, slowing from 5% in the fourth quarter of last year.

The main reason for this is the continued weakness in the wine and spirits business, as well as the slowdown in the fashion and leather sector business.

Calendar group: a year-on-year decline of 35.4%

Richemont, the world's second largest luxury group, reported a year-on-year net profit of 35.4% year-on-year decline as of March 31, 2015, falling from 2 billion 67 million euros in fiscal 2014 to about 1 billion 334 million euros as of March 31, 2015.

In the whole year of 2015, the net sales of the group were 10 billion 410 million euros, up 3.9% from 10 billion 23 million euros in fiscal year 2014.

Affected by the largest market in Hongkong and Macao, sales in Asia Pacific region, which accounted for 39%, fell 6% to 4 billion 100 million euros.

Kai Yun group: an increase of 11.4%

As of the first quarter of 2015 fiscal year March 31, 2015, Kering SA revenue increased by 11.4% to 2 billion 651 million 200 thousand euros, compared with 2 billion 379 million 600 thousand euros a year earlier.

(Gucci) revenue increased from 838 million 100 thousand euros a year earlier to 869 million euros.

German sports brand Puma (Puma) brand revenue increased by 13%, from 730 million euros a year earlier to 825 million euros.

Hermes International: an increase of 18.9%

HermesInternational, a luxury luxury group, announced a 18.9% increase in sales in the first quarter, driven by the weakening euro and the Japanese market.

In the first quarter of March, group revenue increased to 1 billion 122 million 200 thousand euros from 943 million 500 thousand euros a year ago.

In the first quarter, the overall sales of the same store increased by 10% year-on-year, while the figures for the same period last year and the fourth quarter were 16.7% and 11.64% respectively.

The latest report of Burberry, the luxury goods giant, showed that the company achieved a net profit of 336 million 300 thousand pounds in the fiscal year ending March 31st, up from 322 million 500 thousand a year ago.

The pre tax profit target for excluding one-time items fell from 461 million to 455 million 800 thousand.

The growth of both wholesale and retail businesses has increased revenue from 2 billion 330 million to 2 billion 520 million in the past fiscal year.

In the second half of fiscal year 2015, retail sales amounted to US $1 billion 470 million.

Hugo Boss: a year-on-year decrease of 6%

HugoBoss, the famous German fashion company, announced that its profit in the first three months of this year was 75 million 600 thousand euros ($85 million), down 6% from the same period last year.

Although sales rose 9% to 667 million 500 thousand euros, business profits fell 5% to 102 million 800 thousand euros.

This year, the company has effectively responded to the downturn in the consumption of European apparel industry.

Ferragamo: an increase of 9.5%

Italy luxury group Ferragamo announced its first quarter earnings, benefiting from the weakness of the euro, the company's revenue grew 9.5% in the first quarter, from 298 million 800 thousand euros a year earlier to 327 million 300 thousand euros; EBITDA grew 15.8% in the first quarter, from 52 million 763 thousand euros a year earlier to 61 million 81 thousand euros; net profit in the first quarter was 31 million 833 thousand euros, 16.6% more than 27 million 305 thousand euros a year earlier.

In the first quarter, footwear category increased by zero, while leather products increased by 8%. Brand clothing and perfume categories fell in the first quarter, while perfume sales fell 11.7%.

Light extravagance

COACH announced its third quarter earnings, and its third quarter profit dropped to $8 million 810 thousand from $190 million 700 thousand in the same period last year.

Revenue fell 15% to $929 million 300 thousand.

The company's same store sales fell 23%.

Ralph Lauren: an increase of 1%

Ralph Lauren (RalphLauren Corp) said the company's net profit in the fourth quarter was US $124 million, compared with us $153 million in the same period last year.

Operating income increased by 1% to US $1 billion 900 million.

Michael Kors: the same period increased by 13%

Michael Kors, a luxury accessory and clothing retailer, announced its fourth quarter earnings report. Its net profit increased by 13% over the same period last year, mainly due to the positive impact of the decline in new shops and tax rates. Mike,

In the fiscal quarter ending March, Michael Kors's revenue was $1 billion 80 million, an increase of 17.7% over the same period last year.

Net profit was $182 million 600 thousand, up from $161 million 100 thousand in the same period last year.

The same store sales fell 5.8% in the first quarter, and the number of chain stores increased by 121 year-on-year.

Kate Spade: an increase of 14.2%

KateSpade & Co., the US luxury luxury clothing group, released its first quarter earnings, ending a net loss of $55 million 221 thousand in the first quarter of fiscal 2015 in April 4, 2015, compared with a net profit of $46 million 170 thousand in the same period last year.

In the first quarter, Kate Spade & Co. recorded a revenue of 255 million 300 thousand US dollars, up 14.2% from 223 million 600 thousand US dollars in the same period last year.

In the first quarter, Kate Spade brand sales in the same store recorded an increase of 9%.

Tod 's: expected to drop 17.3%

Under the Tod 's brand in Hong Kong and Macao market continued weakness, Italy luxury goods group Tod' s Group SpA first quarter profit exceeding the expectation of 17.3%.

Tod 's Group SpA fell 17.3% to 47 million euro in the first quarter of March 31st, with 56 million 800 thousand euros in the same period last year.

Quarterly sales totaled 257 million 700 thousand euros, up 1.5% from 253 million 800 thousand euros a year ago.

Fast fashion

Gap: same store sales fell 4%

GapInc, the clothing retailer, sold much less than expected in the first quarter.

Net sales for the quarter ended in May 2nd fell from $3 billion 770 million a year earlier to $3 billion 660 million.

Same store sales fell 4%, due to poor performance of Gap Global and BananaRepublic quarter, while Gap same store sales fell 12% in April.

Its first quarter surplus dropped from $260 million in the same period last year to $239 million.

H&M: up 25%

Swedish fashion giant H&M (Hennes & Mauritz AB) released its first quarter financial report in 2015.

In the three months ending February 28th, the net sales of the world's second largest apparel retailers rose from 2 billion 650 million kronor last year to 3 billion 610 million kroner ($423 million 200 thousand).

Sales excluding value-added tax rose 25% to 40 billion 280 million kronor compared with 32 billion 140 million kronlong in the same period last year.

UNIQLO: an increase of 24.2% over the same period.

The semi annual report released by Fast Retailing, which operates the leisure clothing chain "UNIQLO" on 9, has increased by 24.2% to 949 billion 600 million yen (about 48 billion 900 million yuan) over the same period last year, and net profit has soared 56.2% to 104 billion 700 million yen, both of which have hit a new high in the past half year of Retailing.

Sports

Adidas: an increase of 9%

Adidas (Adidas) announced its first quarter earnings.

Thanks to the good sales situation of Adidas and Reebok brand in the whole market, Adidas's net profit increased significantly during the quarter.

Adidas's revenue in the first quarter of this year was 4 billion 80 million euros, up 9% after currency correction.

Net profit for the quarter was 221 million euros, an increase of 8.2% over the same period, and the net profit of Adidas was 204 million euros in the same period last year.

PUMA: down 30% compared to the same period.

PUMA, a famous German sportswear and equipment manufacturer, said that in the first quarter of 2015, Puma's gross profit margin and business performance had been greatly negatively affected by the continued negative impact of exchange rate in recent months, especially in the face of a strong dollar.

In 1-3 months, net profit fell 30% to 24 million 800 thousand euros (about 2800 US dollars).

Operating profit fell 36% to 37 million 500 thousand euros, despite its sales growth of 13.2% to 821 million 400 thousand euros.

Nike: surplus rose to $791 million

Nike (Nike Inc) released its third quarter earnings, which rose from $682 million a year earlier to $791 million.

Sales rose by 7% to 7 billion 460 million dollars, and sales were up 13% after the exchange rate was erased.

Under Armour: down 13.4%

Andemar (UnderArmour Inc.), the second largest sports brand in the United States, lost 13.4% of its net profit in the first quarter and maintained a two digit growth in total profits.

In the first quarter of March 31, 2015, net profit of Under Armour fell to US $11 million 700 thousand from 13 million 500 thousand US dollars in the same period last year.

Net income rose 25.5% to $804 million 900 thousand, compared with $641 million 600 thousand in the 2014 fiscal year.

Other

Victoria: sales increased by 5%

Vitoria's Secret parent and clothing retailer L Brands Inc surpassed the first quarter earnings.

Net income rose from $157 million to $250 million 500 thousand in the quarter ended May 2nd.

Total sales rose 5% to 2 billion 510 million dollars, while same store sales also rose 5%.

Crocs: down 16.1% from a year ago.

Kaloch, a cave shoe manufacturer, released a quarterly earnings report. In the first quarter of March 31, 2015, Carlos Chi lost a net loss of $2 million 425 thousand, a net profit of $9 million 124 thousand a year earlier.

Carol's income in the first quarter was $262 million 200 thousand, down 16.1% from a year ago.

American Eagle: same store sales increased by 7%

AmericanEagle Outfitters announced its first quarter earnings and exceeded analysts' expectations.

In this quarter, the revenue of the US eagle is 699 million 500 thousand dollars, up from 646 million 100 thousand US dollars in the same period last year.

Net profit was $29 million 100 thousand, up from $3 million 870 thousand in the same period last year.

The same store sales grew by 7% in the first quarter, compared with a 10% decline in the same period last year.