April Global Luxury Market Scan LV Performance Brings A New Wave Of Growth To The Luxury Industry

Investors were very pleased with Lu Wei Ming's first quarter results, which triggered a rebound in the industry this month.

In addition to exceeding expectations, Lu Wei Ming Xuan also confirmed that its sales have also "picked up": This is a recent Chinese mainland luxury market is a popular word.

The demand for Chinese consumers has brought Herm s's fastest quarterly sales growth in four years, which has injected more vitality into the recovery of the group.

The first quarter results of Kering and Moncler also brought gratifying news. Even struggling Tods Tod (s) also brought a glimmer of hope for the surge in the electricity business.

Beauty products are very prominent in this month's trading activities.

The French luxury brand Christophe Robin was bought by The Hut Group, the British online beauty retailer. At the same time, two private investment companies acted in the beauty industry: Hatchbeauty LLC, an American company dedicated to developing the retail strategy for the beauty industry, building brands and products, obtained Lion Capital investment, and the Korean cosmetics manufacturer Imine Co. got the investment of the investment.

GEO Holdings, a Japanese retail group, acquired Ookura, a local luxury electronics retailer.

Just as importantly, Kering has completed the sale of intellectual property rights to the Volcom brand of the American lifestyle brand, and the acquirer is Authentic Brands Group.

At present, the Volcom management team has obtained the operation license for Volcom and will continue to operate in the US, France, Australia and Japan.

Go up

Safilo announced its joint venture with Pharma International, a local Korean company, to distribute its portfolio brand in South Korea, and its share price rose 32%.

In April, the Swiss watch group Swatch (Swatch) shares rose slightly above 9%, or Ince Voge won the lawsuit in two cases of trademark infringement, winning the Apple market and recovering the Chinese market.

wipe down

Tapestry, Capri Holdings and Prada (Prada) are the only three stocks that have fallen this month.

Recently, the three companies are trying to please investors, Capri Holdings and Tapestry because their multi brand strategy is not optimistic, while Prada is more of the reason for poor profit performance.

Tapestry and Capri Holdings fell 1% and 4% respectively this month, while Prada fell 5%.

New look

Lu Wei Hin Xuan is far ahead of all other enterprises in the luxury industry. In fact, the group actually created Lu Wei Ming Xuan, which specializes in commercial development through integrating the previously independent family brands and investing in brand equity.

It is also three times the size of its second biggest competitors.

This scale allows Lu Wei Xuan to attract talented people and to a large extent determine the distribution of retail space.

The independent brand must face the challenge of the steady growth rate of Lu Wei Hin, which is illustrated by the low performance of Ferragamo, Tods and Prada.

Independence may become a more and more difficult luxury to maintain.

Author: Pierre Mallevays