Prada'S Stock Price Stabilized Steadily.
According to the data of New York stock exchange, London Stock Exchange and Euronext, the stock market closed on the afternoon of 18.
Prada
(Prada) and Burberry, although the overall decline, but the stock price is stable, while the Calvin Klein parent company PVH Corp shares rose but not optimistic.
According to the New York stock exchange data, the stock market closed on November 18th afternoon.
Calvin Klein
The parent company PVH Corp rose 5.30%, closing at $89.57 on the day, but the market suggested buying a price of $85.
According to the Hongkong stock exchange data, as of November 18th afternoon, the stock market closed, Prada (Prada) stock price was HK $29.05, which was consistent with the opening price of the day, did not rise or fall, and the volume was 961 thousand and 200 shares.
According to the London stock exchange data, by the afternoon of November 18th, the stock market closed.
Luxury brand
Burberry has a stock price of 1282, a turnover of 0.47% and a turnover of 1138186 shares, of which the market proposes to buy 1283 pounds.
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After the closure of 3 stores in the mainland in LV, luxury brand Burberry (Burberry) also began to adjust.
A few days ago, Burberry group and Taigu real estate reached an agreement to close the two floor business area of flagship store in Taigu square, Hongkong.
It is understood that after the closure of the two floor business area of Burberry, the business area is only one layer.
Burberry opened its flagship store in Taigu Plaza in Hongkong at the end of 2012. It was the first flagship store opened in Hongkong.
Burberry's performance in Hongkong has become a "drag on the back" existence.
According to the results released by Burberry in the first 3 months of the fiscal year ending June 30th, Burberry's global retail income excludes exchange rate volatility by 10%.
But the double-digit decline in sales in Hongkong has led to a one digit decline in the Asia Pacific region.
From the analysis of the North Institute of Commerce, Burberry's reduction of flagship store in Hongkong is due to the poor performance of Hongkong market and the choice to keep profits.
China's luxury goods market has become the "worst hit" of luxury brand performance in recent two years due to anti-corruption and price differentials at home and abroad.
Hongkong's market has declined significantly due to the decrease in mainland tourists this year.
This year, Cox and Tigo have also turned off the flagship store in Hongkong.
But Burberry's adjustment to stores this year is more than that.
According to the plan announced by Burberry in the conference call, the store will continue to improve its portfolio in China, closing 10 stores during the year and closing about 5 in fiscal year 2016.
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