BELLE'S Sportswear Business Or Listed In Hong Kong Alone

01 radical investors urged the parent company to spin off its business.

After a number of bank analysts speculated that the L Brands, similar to the Gap group, would become the next retailer to spin off its business, radical investor Barington yesterday urged L Brands to take action as soon as possible. In response, L Brands responded that the group had focused on providing goods that conformed to consumption trends, while strictly controlling the portfolio and cost of real estate. After consulting with financial advisers, it would focus resources on core areas in the future to enhance performance and speed up growth.

In recent years, the performance of the company has been sluggish, and the performance of Bath & Body Works has continued to grow, which has become the main driving force for the growth of L Brands's revenue. According to the data, the revenue in 2018 decreased by 0.17% to 7 billion 375 million US dollars, and the annual revenue of Bath and Body Works rose 11.6% to 4 billion 631 million US dollars.

02Urban Outfitters net profit surged 66 times in the fourth quarter.

In the three months ended January 31st, the sales of URBN of Urban Ouffiters parent company increased by 3.7% to 1 billion 130 million US dollars compared with the same period last year, and net profit surged 6546% to 86 million 400 thousand US dollars from 1 million 300 thousand US dollars in the same period last year. According to the brand, sales of Free People and Urban Outfitters increased by 4%, while Anthropologie increased by 2%. Among them, digital channel retail business has become the largest growth power of the group, with an increase of two digits, pushing up comparable retail sales by 3%.

03Kohl's department store sales in the fourth quarter exceeded expectations, shares rose more than 7%

In the fourth quarter ended February 2nd, Kohl's department store sales fell 3.3% to $6 billion 820 million over the same period, while the same store sales recorded an increase of 1%, exceeding market expectations, while net profit dropped 42% to 272 million US dollars. Kohl's Department expects that the diluted earnings per share will be between $5.8 and $6.15 in the 2019 fiscal year, while the same store sales will increase by 2%. After the release of the earnings report, the department store's share price rose 7.3% to 71.33 dollars, and its market value is about 11 billion 900 million dollars.

04 Harbour City's cash cow retail sales amounted to HK $37 billion last year.

According to the 2018 earnings report released by Harbour City's parent company Kowloon warehouse yesterday, group net profit increased by 6% to HK $10 billion 53 million in the 12 months ended December 31st, and net profit increased by 5% to HK $18 billion 27 million if it was included in the revaluation surplus of the investment property and other accounting gains or losses.

During the reporting period, the annual retail sales of Harbour City, which was considered the most sightseeing and shopping of mainland tourists, rose by 24% to HK $37 billion, up nearly 15 percentage points from the average retail sales in Hongkong, accounting for 7.7% of the total retail sales in Hongkong, with an average daily sales of more than 100 million Hong Kong dollars, with a monthly sales volume of HK $2700 per square foot, making Harbour City one of the most profitable high-end shopping malls in the world.

05 UNIQLO Japan's sales grew by 3% year-on-year in February.

Xun marketing group released its brand UNIQLO's February performance data on Monday, and its sales grew 3% year-on-year, compared with the end of last year and January this year. In the report, the group said that the growth of its performance was mainly due to the upgrading of sales volume and store traffic in spring.

06 shoe king BELLE will split its sportswear business and list in Hong Kong alone.

According to Reuters, BELLE international, privatized in 2017, has hired the Bank of America to help its sportswear business prepare for listing in Hongkong this year. According to the news, the company aims to increase the valuation of its distribution departments including Nike and Adidas to 20 billion to HK $25 billion. Market research firm Ou Rui information consultation estimated that the value of China's sportswear market will increase from 40 billion dollars last year to 58 billion US dollars in 2023. At present, BELLE's share in China's clothing and footwear retail market is 6.7%.

07 Italy glasses manufacturer Luxottica officially withdrew today.

According to foreign media reports, in October last year and another glasses giant Essilor merged into EssilorLuxottica group, Luxottica formally withdraw from the Italy stock exchange in March 5th. In 1990, Luxottica first went public at a price below $1 per share and delisted at a price of more than 50 euros. Its market value has increased by more than 50 times in the past 30 years. Luxottica mainly produces and sells glasses series for brands such as Giorgio Armani, Burberry, Chanel and Prada, and owns private brands such as Ray-Ban.

08Superdry headquarters will lay off 200 people to save millions of dollars

In a statement issued by the UK's Superdry, it said its headquarters would lay off 200 people as part of the cost reduction plan aimed at saving 50 million pounds in three years. It is reported that the group is currently negotiating with employees on compensation issues. In addition, chairman Peter Bamford, who has been in office for 9 years, will be leaving at the end of this year. In the first half of last October 27th, Superdry revenue increased 6.4% to 832 million pounds, and profits dropped 49% to 12 million 900 thousand pounds from 25 million 300 thousand pounds.

09Chiara Ferragni is the CEO of the same brand.

Italy fashion blogger Chiara Ferragni has announced that it will become the chief executive of the same brand, and will continue to be the creative director. She is also the president and CEO of TBS Crew Srl, the brand parent company. Chiara Ferragni said that after years of expansion, she thought it necessary to take a more direct part in the business management of the brand. The role of market positioning, product design and distribution in brand development is becoming more and more important. The Chiara Ferragni brand was launched in 2013 as a shoe brand. Since then, its products have gradually expanded to clothing and accessories. At present, there are 11 stores in the world.

10Kylie Jenner became the youngest self-made billionaire in history, with assets exceeding $1 billion.

According to the latest statistics of Forbes, Kylie Jenner has officially surpassed the founder of Facebook to become the youngest self-made billionaire in history, whose assets have exceeded 1 billion dollars and officially joined the one billion richest club. In the past year, the income of its personal makeup brand Kylie Cosmetics has increased by 9% to 360 million US dollars. Forbes estimates that the market value of Kylie Jenner is at least 900 million dollars, which has not yet calculated the profits she has previously taken.

11LVMH overweight hotel industry will open Baima Manor Resort Hotel in London

According to foreign media, LVMH, the world's largest luxury group, has been approved by the City Council of London. It plans to open a Cheval Blanc white horse Manor Resort Hotel, a spa and a new Celine flagship store in Mayfair District, London. It is worth noting that last year, the group bought Cipriani hotel operator Belmond for $3 billion 200 million. Bernard Arnault, the chief executive of the LVMH group, stressed that the future of the luxury industry is not only a luxury, but a luxury experience. The vision of the group is to integrate the two fields well.

12 Amazon has become the most popular clothing retailer in the United States than WAL-MART.

According to the latest survey published by Coresight Research, Amazon has successfully defeated WAL-MART, becoming the most popular clothing retailer for American consumers. Of the 1732 American adults surveyed, 65% of respondents bought clothing or footwear products on Amazon's website. Costumes surpassed books, cosmetics and electronic products to become the most popular products sold by Amazon. 21.5% of respondents said they would choose Amazon self clothing brand products, and about 19% said they planned to spanfer some or all of their clothing expenses from T.J. Maxx and Marshalls to Amazon this year, up from 16.6% last year.

13 research shows that consumers spend more on physical stores than online stores.

According to a new survey by First Insight Inc, consumers spend significantly more than online stores on physical stores. 71% of respondents spend an average of more than 50 dollars in physical stores, while 34% of them spend an average of over 100 dollars in physical stores, while those who spend the same amount online spend 54% and 21% respectively. In addition, 78% of men and 89% of women surveyed said they were more likely to buy goods outside specific needs.

14 Sina micro-blog revenue rose 49% last year, active users reached 460 million

In 2018, Sina micro-blog's revenue rose 49% to $1 billion 720 million a year, advertising and marketing revenue rose 50% to 1 billion 500 million dollars, value-added services revenue increased 43% to 219 million 300 thousand US dollars, net profit increased 62% to 571 million 800 thousand dollars. Sina micro-blog expects revenue in the first quarter of 2019 to be between $395 million and $405 million. By the end of the reporting period, the number of monthly active users of micro-blog has reached 460 million.

15 Jingdong enters Google business platform

According to foreign media, Jingdong has officially landed on Google recently, and began selling its 500 products on Joybuy in the US market through the e-commerce platform Google Express. Jingdong spokesman said in a statement that since last year's investment of Google $550 million, the two sides are now carrying out in-depth cooperation in a series of strategic projects.