• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Fast Fashion Is Falling Down One By One, And Primark Is Expected To Fall Into Recession.

    2016/6/25 15:27:00 86

    Clothing RetailingE-CommerceFast Fashion

    In such an unstable world

    Apparel Retailing

    Under the market, fast fashion brands have been falling down one after another. In addition to the leading Zara Inditex SA (ITX.MC) India India Textile Group, which has maintained a steady and rapid growth in sales and profits after a brief challenge in the fiscal year, the world's second largest apparel retailer H&MHennes Mauritz AB HMb.ST (HMb.ST) hit its lowest sales growth rate in the past three years, and Forever 21.

    Now, the market is expected to fall into a recession in recent years, with a very low price and a strong share of Primark in Europe and the United States.

    Morgan Stanley (NYSE:MS) Morgan Stanley analyst Geoff Ruddell expressed concern about the same store sales performance in the past 18 months in the latest research report, and at the same time, according to the market research company Kantar Group's research on the weakening trend of retail sales in the UK, it is expected that the second half of fiscal year August will continue to decline in the first half of fiscal year, with a 1% decline in the same store sales, and the same store sale will appear for the first time in more than 15 years.

    Geoff Ruddell said it was not clear why Primark sales slowed down significantly, but it was certainly related to structural factors, including the reduction of passenger traffic on the high street and the pfer of purchase behavior to e-commerce.

    Primark has always refused to build

    Electronic Commerce

    The website, though three years ago, was briefly tested in the UK's largest fashion supplier, ASOS PLC (ASC.L), but it was announced three months later.

    The issue of return and delivery and the high cost of ASOS PLC made the already priced Primark less profitable, and the competition from other brands of ASOS PLC platform was also fierce.

    At that time, John Bason, chief financial officer of Primark parent company Associated British Foods PLC (ABF.L) Ying Lian food group, said that after that, Primark would not cooperate with other electric providers, nor did it plan to launch its own trading website.

    He acknowledges that the lack of online sales will limit the customer scope of Primark, but the current sales density and customer flow are enough to drive brand sales growth.

    Data show that as of February 27th, the Primark medium-term revenue increased by 4.7% to 2 billion 667 million pounds, excluding the impact of the exchange rate rose 7%, slightly lower than the group expected 7.5%.

    Growth is mainly driven by new retail sales in the United States and other markets, while sales in the same store are down less than 1%, which is also unchanged from the group's expectations in the same period last year.

    In terms of profits, Primark continued to suffer from the strong dollar's pressure on procurement costs. The adjusted operating profit decreased by 2.8% to 313 million pounds a year, excluding the exchange rate effect, and the operating profit margin also decreased by 1% to 90 basis points to 11.7%.

    In the two quarter earnings report released yesterday, H&M Hennes & Mauritz AB also revealed that the profit in the first three months ended May was affected by the rise in procurement costs and a 17% drop in sales.

    Associated British Foods PLC (ABF.L) Ying Lian food group will release its 3-5 quarter three quarter earnings in July 7th.

    The sales of H&M Hennes & Mauritz AB in the same period increased by only 5% of the local exchange rate, while excluding the contribution of the new sales area, Credit Suisse Group AG (VTX:CSGN), Credit Suisse estimated that the group's same store sales fell by 5.3%, the group management blamed 3. In April, the main European market weather was extremely cold and cold, which inhibited the demand for spring clothes, and the main Primark business in Europe was also more or less affected by the same factors.

    Analyst Geoff Ruddell lowered Primark's annual net sales growth forecast from 15%-20% to 10%-12%, and its independent valuation fell from 22 billion 200 million to 15 billion 100 million.

    But he stressed that the brand is still optimistic about the cheap and fast fashion business model and the development prospects of the United States, but believes that sales in the United States will have a real boost to its performance in the 2019 fiscal year.

    Because Primark contributed nearly 65% of its operating profit to Associated British Foods PLC British Union food group, analyst Geoff Ruddell

    Sale

    In the future, the stock rating of Associated British Foods PLC (ABF.L) has been lowered from "winning market" to "flat market performance". The target price has been substantially reduced to close to 1/4 to 2650 pence, and the original target price is 3500 pence.

    Associated British Foods PLC (ABF.L) fell 3.4% on Wednesday, the worst performing blue chip in the day before the referendum in Britain.


    • Related reading

    Zhang Dayi Live Brush Liu Yan Record 2 Hours Trading 20 Million Secret

    Power flow analysis
    |
    2016/6/24 14:53:00
    98

    Hai Lan'S Home, Father'S Day, Bravely Declare "Play The Gift Box".

    Power flow analysis
    |
    2016/6/17 16:42:00
    85

    Mogujie.Com And Beauty Say That Half A Year Is Still The Focus Of Women'S Market.

    Power flow analysis
    |
    2016/6/17 15:07:00
    88

    "Korea'S Best Fashion Brand" List Was Released In 2015.

    Power flow analysis
    |
    2016/6/7 17:34:00
    109

    383 Million Attempts To Buy A Brand Of Sports Brand

    Power flow analysis
    |
    2016/6/6 11:59:00
    182
    Read the next article

    ZARA Is Accused Of Copying C Ye Line On Advertising Blockbusters And Models.

    主站蜘蛛池模板: 免费国产污网站在线观看| 八戒网站免费观看视频| 91香蕉视频污| 收集最新中文国产中文字幕| 亚洲娇小性色xxxx| 精品久久久久久亚洲精品| 国产成a人片在线观看视频下载| bl道具play珠串震珠强迫| 日本三级香港三级久久99| 亚洲成年人专区| 精品一区二区三区中文字幕| 国产国语一级毛片| 4480新视觉yy理论片| 小天使抬起臀嗯啊h高| 久久天天躁夜夜躁狠狠躁2022| 欧美综合区自拍亚洲综合绿色| 和搜子居的日子2中文版| 91九色视频在线观看| 国产色a在线观看| xvideos永久免费入口| 日本一区二区三区久久| 亚洲一卡2卡4卡5卡6卡在线99| 男女同房猛烈无遮挡动态图 | 97精品人妻一区二区三区香蕉 | 伊人久久久大香线蕉综合直播 | 夫妇交换性三中文字幕| 久久久久av综合网成人| 欧美一级在线视频| 亚洲精品午夜国产va久久成人 | 国产chinese91在线| 国产曰批免费视频播放免费s| 国产高清天干天天美女| 一二三四视频免费视频| 新梅金瓶1之爱奴1免费观| 四虎永久精品免费网址大全| 免费专区丝袜脚调教视频| 国产视频一区二区在线播放 | 欧美在线看片a免费观看| 免费a级毛片无码| 精品无码国产污污污免费网站 | 999影院成人在线影院|