Versace'S Profit From Internet Sales Increased By 17.5% Over The Same Period Last Year.

According to the latest earnings report, Versace group has launched an online sales strategy. In the past 2015, Versace's revenue grew by 17.5% over the previous year.

It shows that as of December 31, 2015, the group has achieved good growth in all major markets, with an increase of 33% in the European market and 36.6% growth in the Chinese market, helping the Asian market increase by 26.7% and the North American market by 27%.

Channel, group retail channel sales grew 28.9% to 400 million euros, wholesale channel sales fell 0.4% to 195 million euros.

At the same time, the group's online channel sales increased by 31.2%. The rapid growth also allowed the CEO Gian Giacomo Ferraris to further develop the e-commerce business in 2016.

In terms of product line, the group's main line brand Versace has achieved 23.6% growth, and the proportion of men's and women's clothing category revenue is basically flat.

Vervus Versace, a subsidiary line brand, has benefited from a doubling of retail sales and a 21.4% increase in wholesale sales to 37 million euros.

Despite the double growth of sales and profits in 2015, the Ferraris was "cautiously optimistic" in 2016, as the first quarter results showed ups and downs, and the annual variables were also increasing.

The group plans to invest 50 million euros this year to open new stores and renovate existing stores.

At present, the group has 30 stores in China.

In addition to its performance, the listing of Gianni Versace Spa has also received constant attention.

Versace group, a group controlled by Versace family, launched a 20% stake in Blackstone Group, a private giant, in an effort to raise funds and expand its stores.

At present, the group is still preparing for IPO, but the schedule is not yet determined.

Ferraris previously expressed the hope that IPO would be listed as soon as possible, not only in Italy, but also in London and Hongkong.

The results showed that as of December 31, 2015, the group achieved good growth in all major markets, the growth rate in the European market was 33%, and the growth rate of 36.6% in the Chinese market helped the Asian market increase by 26.7%, and the growth rate in the North American market was 27%.

Channel, group retail channel sales grew 28.9% to 400 million euros, wholesale channel sales fell 0.4% to 195 million euros.

At the same time, the group's online channel sales increased by 31.2%. The rapid growth also allowed the CEO Gian Giacomo Ferraris to further develop the e-commerce business in 2016.

In terms of product line, the group's main line brand Versace has achieved 23.6% growth, and the proportion of men's and women's clothing category revenue is basically flat.

Vervus Versace, a subsidiary line brand, has benefited from a doubling of retail sales and a 21.4% increase in wholesale sales to 37 million euros.

In spite of

In 2015, sales and profits doubled, but Ferraris expressed "cautiously optimistic" in 2016. The reason is that the first quarter of this year has seen ups and downs, and the annual variables are also increasing.

The group plans to invest 50 million euros this year to open new stores and renovate existing stores.

At present, the group has 30 stores in China.

In addition to its performance, the listing of Gianni Versace Spa has also received constant attention.

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The family controlled group used to raise funds to expand its stores and sold 20% of its stake to Blackstone Group, a private giant in 2014.

At present, the group is still preparing for IPO, but the schedule is not yet determined.

Ferraris previously expressed the hope that IPO would be listed as soon as possible, not only in Italy, but also in London and Hongkong.