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    The Third Quarter Of The World'S Top Luxury Brands In 2015

    2015/12/31 16:11:00 41

    Louis WeedonLuxury GroupHermes Group

     

     

    The third quarter of the 2015 major luxury brands in the world.

    The French luxury goods company LVMH has increased its revenue in the third quarter by 16%, thanks to the weakening of the euro and the strong sales performance of the wine and spirits sector, which overcame the negative impact of the slowdown in the growth of its fashion department.

    In the quarter ending September, Lu Wei Ming Xuan's revenue was 8 billion 580 million euros.

    Excluding the impact of exchange rate changes, organic revenue growth rate was 7%.

    Its flagship brands include

    Louis Vuitton

    The revenue of the fashion and luxury sector was 2 billion 940 million euros, and the business revenue of alcoholic beverages, including Moet and Chandon and Hennessy brandy, was 1 billion 200 million euros.

    The second largest in the world

    Luxury group

    During the first half of fiscal year 2015 (Richemont), the group's total sales increased by 3% over the first half of fiscal year, up from market expectations, operating profit of 1 billion 390 million euros, an increase of 5.7% over the same period last year, and net profit rose 21.6% to 1 billion 103 million euros, and sales totaled 5 billion 821 million euros, up 14.7% from 5 billion 73 million euros in the same period last year.

    But it will be difficult in the second half of the year.

    In October, due to the continued decline in the Asia Pacific region and the low growth rate in Europe and Japan, the turnover fell by 1% on the basis of the real exchange rate and decreased by 6% on a constant exchange rate basis, which caused panic among investors.

    The group's share price fell 8.2% to 79.50 Swiss francs per share.

    The French luxury giant Kering announced its third quarter earnings, thanks to the influx of tourists from Western Europe and Japan, and the total revenue of the group rose 12%.

    In the three months ending September 30th, the group's total revenue was 2 billion 890 million euros (about 3 billion 230 million US dollars).

    Excluding the effect of money, sales increased by 3.1%.

    British luxury fashion company Burberry reported that sales in the first half of the fiscal year did not change substantially compared with the same period last year because of the more stringent terms of trade in some major markets.

    In the 6 months ended September 30th, boboley achieved 774 million pounds of store and online retail sales, a growth rate from 8% in the first quarter to 2%.

    Total sales (including wholesale and authorized businesses) were flat, at 1 billion 100 million pounds ($1 billion 690 million), which was 5% lower than analysts' expectations, and profits increased 14.4% to 119 million 500 thousand pounds (184 million US dollars), an increase of 0.5%.

    {page_break}

    German fashion retail group Hugo Boss ended September 30th, as its sales in China and the US market declined, its third quarter net profit fell 23% to 85 million 500 thousand euros (about 98 million 400 thousand U.S. dollars), and the net profit in the third quarter was 88 million 500 thousand euros, down from 114 million 700 thousand euros in the same period in 2014.

    Sales in the third quarter amounted to 744 million euros ($827 million), and sales in the euro rose by 4%, while the exchange rate rose by only 1%.

    Italy fashion company Prada declined in the 9 months to October 31st.

    Prada net profit was 235 million euros (US $258 million 100 thousand), down 26.4% compared to the same period last year, operating profit of 373 million 900 thousand euros (US $410 million), down nearly 25% compared with the same period last year.

    Revenue was 2 billion 580 million euros (US $2 billion 830 million), an increase of 1.2% over the same period last year, mainly due to the positive impact of exchange rate changes.

    Excluding the impact of exchange rate changes, the revenue in the period dropped 7% compared to the same period last year.

    Since the beginning of this year, Prada's stock market value has evaporated by 37%.

      

    Hermes International SCA

    Sales in the third quarter increased by 15.4%, thanks to strong sales of garments and accessories.

    As of September 30th, the Hermes group's total revenue in the third quarter amounted to 1 billion 140 million euros ($1 billion 270 million), excluding the impact of exchange rate, and the revenue grew 7.9% in the same quarter.

    Platinum and Hermes scarves are still popular among consumers, with sales in Japan rising by 19%, and in Europe by 10%, while in the United States by 7%, and in Asia (excluding Japan) by 5%.

    In the first fiscal year of the new financial year, Christian Dior revenue reached 471 million euros, or 553 million 400 thousand US dollars, an increase of 12.9%.

    Excluding the factors of exchange rate fluctuations, Christian Dior achieved an organic gain of 5% in the first quarter of September 30th.

    In terms of retail sales, the real exchange rate and the constant exchange rate increased by 15% and 7% respectively, slowing down compared with the three and fourth quarter growth rates in the previous fiscal year.

    Salvatore Ferragamo SpA, the Italy luxury group, announced its latest financial results. In the first nine months ended September 30th, although all its markets were growing and driven by the reliable gain of China's retail network and handbags and leather accessories, group net profit still edged down by 0.3% to 113 million 400 thousand euros (about 125 million 400 thousand dollars).

    The total revenue was 1 billion 20 million euros (about 1 billion 130 million US dollars), a 7% increase compared to the total income of 957 million euros (about 1 billion 290 million US dollars) in the same period last year.

    According to the constant exchange rate, sales increased by 1%.

    Excluding hedging, adjusted gross income rose by 13% to 1 billion 60 million euros (about $1 billion 170 million).

    Italy luxury group Tod 's released relevant data of the group in the first 9 months of this year.

    The total sales amounted to 786 million euros, an increase of 6.2% over the same period last year, and only 0.6% after excluding currency.

    Sales rose 8% in the first half, and increased by only 2% according to the fixed exchange rate.

    All its brands have achieved good results.

    Tod 's grew by 5.1%, to 453 million euros; Hogan increased by 3.1% to 176 million euros; Roger Vivere increased by 20.1% to 112 million euros.

    The growth rate of Fay alone was flat compared with the same period last year, with a turnover of 43 million 800 thousand euros.

    In the first three months ended September 26th, net income decreased by 20.4%, reaching 160 million US dollars and diluted earnings per share of US $1.86 in the first 20.4% months of the US Ralph Lauren. Compared with a year ago, net income was US $201 million and diluted earnings per share were US $2.25.

    Net revenue fell 1.2%, from 1 billion 990 million US dollars in the same period last year to 1 billion 970 million US dollars; net turnover decreased by 1.3%, from 1 billion 950 million US dollars in the same period last year to 1 billion 920 million US dollars.

    Although the second quarter profits and turnover are lower than a year ago, Ralph Lauren performance is still ahead of Wall Street expectations.

    The company's share price rose 11.8% to $127 per share in pre trading.

    Italy clothing group Valentino ended in the first half of fiscal year 2015, its sales rose from last year's 301 million euros (about 412 million 300 thousand U.S. dollars) to 478 million euros (about 530 million 600 thousand U.S. dollars), or 59%.

    Profits before tax depreciation and amortization rose to 87 million 500 thousand euros (about 971 billion US dollars), compared with 46 million 700 thousand euros (about 64 million dollars) in the same period last year.

    Among them, 10% growth is related to the foreign exchange rate.

    This is the first time that it has published semi annual financial data.

    In the six months ending September 30th, Mulberry, the top leather group in the UK, made a profit of 120000 pounds (about 185000 US dollars), compared with a loss of 410000 pounds (about 631400 US dollars) in the same period last year.

    Revenue in the first half rose 4.8% to 67 million 800 thousand pounds (about 104 million 400 thousand dollars).

    Compared to the same period last year, retail sales rose by 4% in the 10 week ending December 5th, up 5% from the same period last year.

    The group pointed out that retail sales will continue to grow to the second half of the year, and the new pricing strategy has entered into force in the second half of last year.

    So far, sales in the second half of this year have recorded strong growth, especially in the digital sector by 18%.

    Us fashion and luxury brands Calvin Klein and Tommy Hilfiger's parent company PVH Corp third net profit fell 1.7% to 221 million 900 thousand dollars, earnings per share of about 2.67 U.S. dollars, net profit of 225 million 700 thousand U.S. dollars last year, earnings per share of about 2.71 U.S. dollars, while the total revenue from last year's 2 billion 230 million U.S. dollars fell 3% to 2 billion 160 million U.S. dollars.

    Gross profit margin, which accounted for 1% of sales, fell 170 basis points to 47.89%.

    Coach continued to decline in profits and sales year-on-year, but the company's previous pformation plans are gradually advancing.

    In the first quarter of September 26th, Coach's sales in the global market dropped 3% compared to the same period last year.

    Net sales in the fiscal year dropped 0.8% to $1 billion 30 million from $1 billion 40 million in the same period last year, and Coach's profit was $96 million 400 thousand, compared with $119 million 100 thousand in the same period last year.

    Us luxury brand Michael Kors second revenue grew 6.9% to $1 billion 130 million over the same period.

    The company realized a profit of $193 million 100 thousand in the quarter, and the company achieved a profit of $207 million during the same period last year.

    In the first quarter of October 31st, the US luxury chain high-end department store Neiman Marcus fell 1.8% to 1 billion 160 million US dollars from last year's 1 billion 190 million US dollars, while same store sales fell 5.6%.

    The net loss in the quarter was $10 million 500 thousand, compared with a net profit of $196000 in the same period last year.

    Adjusted earnings fell 15.4% to $164 million 300 thousand from $194 million 300 thousand in the same period last year.

    Business income also fell.

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