Ebay Wins In The First Quarter Is Expected To Increase, The Whole Year Is Expected To Go The Right Way.
Fashion business
In the current 2016, there is still great potential for development. Not long ago, Ebay was involved in several major events in the fashion circle.
It is reported that in the first quarter ended March 31, 2016,
Ebay
Group GMV rose to $20 billion 450 million from 1.5% in the same period last year, while revenue in the first quarter increased to $2 billion 137 million from $2 billion 61 million in the last fiscal year, with a significant increase in the expected $2 billion 80 million of the market.
The group will be more than expected in full performance.
Full year forecast
The low end of the range was raised from $8 billion 500 million to $8 billion 600 million, but the expected high end remained unchanged at $8 billion 800 million.
The market forecast is US $8 billion 730 million.
The net profit of the group's continuing business in the first quarter was US $482 million, a year-on-year increase of 7.3%.
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Although the fashion circle is dominated by many European and American brands, the trend of fashion is also dominated by the European and American departments. However, with the rise of local brand forces in the Asian market, Asian manufacturing has also become the choice of many young people, which greatly affects the status of the traditional fashion brands in Europe and the United States.
Fashion experts have found that high quality is no longer the trump card of luxury brands in Europe and America. The local production base, new fabrics and lower price regulated by Asian brands are attracting more consumers.
Data from lac Crawford show that sales of Korean brands and Asian brands are increasing year by year.
In addition to the recent Seoul luxury conference, Lian Crawford also said that the number of Chinese brands in the Department Store increased from 4 to more than 30, while the main buyers were overseas Chinese, with the age of 25 years old.
With the younger generation of fashion consumers, the demand for personalization is gradually increasing. As a brand made in Asia, due to the development time is not too long, it is more willing to contact new things, so no matter from design to fabric innovation, it is even more unexpected.
But will future Asian manufacturing become a benchmark for Europe and the United States? This still takes time to observe.
But the most important point is that consumers are no longer prejudiced against "made in Asia".
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