• <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 >

    Luxury Goods Producers Are Now In Trouble.

    2016/9/26 13:31:00 67

    Luxury GoodsManufacturersHigh Dividends

    The slowdown in China's economic growth, the impact of terrorist attacks on tourism and the decrease in luxury consumption of tourists have had a great impact on the luxury industry. Financial Services Company's UBS Group AG (UBS) believes that the situation is likely to deteriorate further.

    But even though profits and sales performance are not ideal, many luxury goods groups have increased their dividends to attract investors.

    Because of the declining trend of the whole industry, luxury goods manufacturers are generally in a predicament. For them, higher share dividends have gradually become "luxury goods".

    It has been reported that since 2016, the price of Richemont Tod, the Swiss luxury group, and the Tod 's SpA of the luxury goods group in the country have fallen by more than 20%, and investors are still short sellers.

    Simon Colvin, an analyst at data analysis firms's IHS Markit Ltd., said: "although sales in many key markets are very weak, these companies are still improving their dividends.

    If dividends are too high, they may have a long-term impact on the company's continuing operation.

    If you are a target investor, you should be careful.

    However, this strategy has not worked in the past year.

    Morgan Stanley (Morgan Stanley), a company that tracks steady and high dividend yields, has fallen 16% in the past year, down to more than three times the European Storck (Stoxx Europe 600 Index) index.

    Previously,

    Summit group

    On Wednesday, profits and operating profits in the first half of the year will drop by nearly 50%.

    In the first five months of the new fiscal year, the peak sales fell by 14% in the first fiscal month of the new fiscal year, and was forced to buy back the surplus stock in Asia, but analysts still thought they would increase their dividends; the Tod "s group" fell for the sixth consecutive quarter.

    Road: "Tod" s group has lost 25.6% of its profits in the first half of the fiscal year, and the number of shops and stores will be flat next year, but spending on dividends will increase by 15%.

    According to the media and Markit data, the two companies are the two most profitable companies in Europe, and the venting ratio of more than 6% (venting ratio = current short selling stock / average daily turnover) is also the highest two of the company.

    Similar to them, Italy luxury group Salvatore Ferragamo SpA and Germany Hugo Boss AG are also the most preferred targets in the short selling market. The ratio of the two parties is more than 5%, and the share price is also in a downward trend.

    Although the sales performance of the two companies is poor, their dividends are higher than the average level of the luxury goods industry.

    Global clocks and watches, Switzerland's Swatch Group AG's profit in the first half of the fiscal year has been the lowest in the past seven years. The media reported: "Swatch group issued a profit warning: under the adverse environmental impact, sales in the first half of the fiscal year will fall by 12%, and profits will shrink by more than half." but dividends are higher than the average in the past seven years, and the venting ratio is as high as 27%, the highest in the European Storck index.

    LVMH group and Kering SA

    A bonus

    Expenditure is also higher than the average level of the industry, but their sales demand in some key markets is increasing, which is also driving up share prices.

    The emptying ratios of the two are lower than 1.2%, lower than the overall average level of the luxury goods industry.

    The French Herm e s International SCA (Hermes group), France's Herm e s International SCA, has just lowered its full year performance report on Wednesday.

    Luxury goods

    The largest share of dividends paid by giants is only 0.7%, and the share price has risen 14% this year.

    However, Luzerner Kantonalbank AG trader Benno Galliker believes that even if the company can maintain high dividends in the short term, the deterioration of sales will eventually affect the company.

    "If you start to cut dividends, everyone will think that the company is in bad condition, so they will keep a higher dividend level if they still have funds.

    But the luxury industry will not recover in the short term. It is very difficult to get back to the level of growth three years ago.

    He said.


    • Related reading

    YOUNGOR's Home Is Not For Selling Clothes, But For Selling Lifestyles.

    Company news
    |
    2016/9/26 10:20:00
    52

    太平鳥在湖南開了首家集合店

    Company news
    |
    2016/9/26 10:10:00
    88

    Esprit Strong Recovery Is Closely Related To The Development Of E-Commerce.

    Company news
    |
    2016/9/24 15:42:00
    27

    Zhou Shengsheng Wants To Shrink The Store And Turn To The Mainland For Profit Reduction.

    Company news
    |
    2016/9/24 13:36:00
    40

    In The First Half Of The Year, Apparel Retailer OVS Maintained Steady Growth Through Store Expansion.

    Company news
    |
    2016/9/23 12:05:00
    39
    Read the next article

    The Fashion Of Actress'S Airport Has Become A Craze.

    For many women who love beauty and love fashion, it is very important to learn how to show the most fashionable themselves. Next, let's take a look at the small compiling of the world clothing shoes and hat net.

    主站蜘蛛池模板: 四虎永久免费地址在线观看| 欧美videos另类极品| 少妇无码一区二区二三区| 四虎在线视频免费观看视频| 久久中文网中文字幕| 被按摩的人妻中文字幕| 日本久久久久久久中文字幕 | 依依成人精品视频在线观看| 一个人看的免费视频www在线高清动漫| 精品无码久久久久久久久| 成人深夜视频在线观看| 局长的又长又粗慧芳| 加勒比一本大道香蕉在线视频| 丁香六月激情综合| 精品亚洲欧美无人区乱码| 学霸c了我一节课| 亚洲色图综合在线| 6080午夜乱理伦片| 男人和女人在床做黄的网站| 大胸年轻的搜子4理论| 亚洲欧美在线看| 老司机亚洲精品影视www| 最刺激黄a大片免费网站| 国产亚洲视频在线观看| 东京热人妻无码人av| 老师吸大胸校花的奶水漫画| 91丨九色丨首页| 欧美成人xxx| 国产欧美久久久精品影院| 久久天天躁狠狠躁夜夜avai| 色网站在线播放| 妞干网在线视频观看| 亚洲欧美日韩在线一区| 免费专区丝袜脚调教视频| 波多野结衣与老人公569| 国产精品欧美一区二区| 亚洲精品tv久久久久久久久| 窝窝午夜看片七次郎青草视频| 欧美老妇bbbwwbbww| 国产日韩一区二区三区在线观看| 久久免费看黄a级毛片|