How About Jewelry, Glasses And Toys In The Three Quarter?
Luxottica Group SpA, the world's largest eyewear maker, continued to achieve rapid growth in sales and profits in the three quarter, driven by favorable exchange rate fluctuations and sustained strong North American and European markets.
In the three quarter of September 30th, the net sales of Lu Xun TAC card totaled 2 billion 199 million euros, up 1 billion 906 million from 1 billion 906 million last year, and the fixed exchange rate rose 5.5%.
Adjusted
operating profit
From 296 million euros in the same period last year to 351 million euros, an increase of 18.6%.
Zhou Dafu (Chow Tai Fook Enterprises) ended the end of September with an interim profit of HK $1 billion 560 million (US $200 million 900 thousand), down 42.2% year on year.
During the period, turnover of HK $28 billion 120 million (US $3 billion 630 million) fell by 4%.
Due to the decline in passenger traffic and continued weakness in consumption, coupled with the decrease in the number of mainland tourists, the overall sales of the same store in the first half of the year fell by 8.7%. Hong Kong and Macao fell 41% from last year, narrowing to 18.2%, while the same store sales in the mainland increased by 0.1%.
Bermuda
Jewelry company
Signet Jewelers Ltd third achieved net profit of $15 million in the fiscal quarter, a loss in the same period last year.
The company's current operating income is $1 billion 220 million.
U.S.A
Wrist Watch
The producer Movado Group achieved a net profit of $21 million 500 thousand in the third quarter, and the company's current operating income was $185 million 600 thousand.
Tiffany (Tiffany & Co), a high-end jeweller, achieved a net profit of $91 million in the third quarter, compared with $38 million a year ago.
Operating income fell 2% from $959 million 600 thousand to $938 million 200 thousand.
The strengthening of the US dollar continued to keep the company's financial performance under pressure.
Danish jeweller Pandora (PANDORA) increased 38% in the third quarter compared with the same period last year, resulting in a substantial increase in net profit for the quarter.
Pandora, who owns about 9500 jewelry stores, said sales in the quarter ended September 30th were 3 billion 910 million DKK, up from 2 billion 850 million Danish kronor in the same period last year.
Pandora's net profit was 1 billion 10 million Danish kronor (about 156 million 600 thousand US dollars), compared with 725 million DKK in the same period last year.
US toy maker HASBRO (Hasbro) made a profit of $207 million 600 thousand in the three quarter.
The company's current operating income is $1 billion 470 million.
The toy maker Mattel Inc (MattelInc.) lost 33% in the third quarter, and has reported a decline in sales for eighth consecutive quarters, including a sharp reduction in the sales of the representative Bobbi doll.
MATTEL's profit in the third quarter was $223 million 800 thousand, down from $331 million 800 thousand in the same period last year.
Total revenue fell 11% to $1 billion 790 million, and the impact of excluding foreign exchange fell by 4%.
Bobbi's overall sales in the last quarter fell 14%, a two digit decline in the eighth quarter.
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