Women'S Shoes Industry Slump, Footwear Industry Changed Its Name On Saturday
On January 12th, Saturday, Foshan (002291, closing price of 13.18 yuan) issued a notice to change the company name "Saturday shoe Limited by Share Ltd" to "Saturday Limited by Share Ltd".
For the reasons for the renaming, the company said that the renamed is in line with the company's strategic objectives to promote, in the original main business.
industry
Chain extension.
According to the company's future development strategy, we will gradually create a diversified brand operation, online and offline resources integration of "her fashion ecosystem".
According to the reporter, at present, because of the sluggish market of women's shoes, some enterprises are looking for breakthroughs in the main business. For example, the acquisition of Hamleys, a British Toy dealer, has opened up a global brand strategy and diversified business development plan.
Individual: implementing diversification strategy
Currently, there are four main footwear brands on Saturday.
brand
As of June 30, 2015, there were 2220 brand chain stores on Saturday, including 1688 self owned stores and 532 distribution outlets.
Prior to the development of the footwear industry, two mergers and acquisitions funds were also set up on Saturday.
On Saturday, July 2015, it was established in cooperation with Guangzhou diamond Cci Capital Ltd and Beijing Junlian investment advisory partnership to set up an industry buyout fund to invest in emerging industries such as fashion, culture, sports and entertainment, and innovative consumer services.
In addition, on Saturday, July 2015, it announced the establishment of a wholly-owned subsidiary to establish a customer data analysis and analysis platform, and provide related management consulting services, and guide the company to continuously optimize product design, inventory management and store sales and marketing.
In fact, in recent years, the performance of Saturday has been on the decline.
In 2014, the operating income reached 1 billion 758 million yuan on Saturday, down 4.68% from the same period last year, and realized operating profit of 48 million 34 thousand and 600 yuan, a decrease of 0.39% over the same period last year.
In the first three quarters of 2015, the company achieved operating income of 1 billion 213 million yuan, a decrease of 3.47% over the same period last year, and a net profit of 19 million 820 thousand yuan, down 29.04% from the same period last year.
At the same time, the number of stores on Saturday is also decreasing.
In the first half of 2015, the total number of stores decreased by 107 compared with the end of 2014.
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Overall: the overall decline of women's footwear industry
Behind Saturday's pursuit of diversified development is the overall slide of women's footwear industry.
Women's shoe brands with declining performance are not the only ones on Saturday, but also the brands like BELLE shoes and Daphne.
In the first half of fiscal year 2015/2016, BELLE's overall business revenue increased by 4.3% to 19 billion 359 million yuan compared with the previous fiscal year.
Among them, footwear business income fell 5% to 9 billion 836 million yuan over the same period.
In the first half of 2015, Daphne's turnover was HK $4 billion 374 million, a decrease of 13.9% over the same period last year.
In the weak growth situation, slowing down the expansion speed and adjusting the channel become the collective choice of shoe enterprises.
In the three quarter of 2015, Daphne closed 219 sales outlets, including 191 Direct stores and 28 franchisees.
In the first half of fiscal year 2015/2016, BELLE reduced its own retail outlets by 424 in the mainland.
However, despite the pressure of greater expansion, BELLE international does not believe that there is a risk of sharp contraction in shoe shops.
BELLE International said footwear is a non standardized, experiential fashion product category and will remain its share in mainstream physical channels.
At the same time,
Fashion shoes
The footwear brand is still in a state of insufficient penetration in shopping mall channels, and there is still much room for expansion of shopping mall channels.
In addition, in the background of the overall decline of women's footwear industry, some brands have cast their sights on the outside of the industry chain.
For example, shortly before, it announced that it would buy 100 million of the British old toy chain Hamleys with cash in cash.
After the completion of the acquisition, Hamleys will bring the Chinese market.
According to the analysis of the industry, the acquisition of Hamleys by the company is mainly based on the hope of taking the pformation. In fact, in the recent years, the use of Hamleys's unique experiential consumption to cater for the new consumption trend has to deal with the structural adjustment pressure of the women's shoes industry.
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