This Year, The Exhibition Was Cancelled, And The Fashion Supplier Still Failed.
01 the performance has been defeated. This year's secret show was canceled.
Supermodel ShaninaShaik recently said in an interview that this year's "Wei Ming show" has been canceled. "Unfortunately, this year there is no secret show, but I believe there will be some future. I believe they are working hard to create brand and new way of performance, because it is the best performance in the world." In May this year, it was announced that the show would be suspended, and the ratings declined in recent years. The main reason is that the LBrands has not responded to the news so far.
02 fashion supplier Shang Shang network collapse was once the exclusive partner of Topshop China.
According to the fashion business flash, fashion supplier Shang Shang net announced in July 30th on Shang pin App that it was unable to continue to provide services to customers because of poor financing and reorganization, and blocked operations. Shang pin network and App will be suspended. It is reported that users who have not yet returned products or refund can contact the Shang pin online customers or add customer service micro signals to register and confirm the order information. However, in July 8th, the company also announced that Shang Ping network is undertaking major financing and restructuring, which is progressing smoothly and its existing businesses are operating normally.
03 Consumer Association checks 100 clothes, 25 not qualified Armani, ONLY and so on.
The Beijing Consumers Association recently tested 100 samples of 76 clothing brands and found that 25 samples failed. Among them, the 200 yuan -400 yuan interval does not reach the highest rate, and the price is not equal to the quality. Among them, a 3800 yuan GIORGIOAMARNI coat is not consistent with pilling, while another 649 yuan ONLY washed jeans found that the color fastness to dry friction is not up to standard. Up to now, brands such as AMARNI and ONLY have yet to respond.
04Puma's second quarter profit surged nearly 60%.
In the three months ended June 30th, sales of German sports brand Puma rose 16.9% to 1 billion 220 million euros, profits before interest tax depreciation and amortization rose 39% to 80 million euros, and net profits soared 59.7% to 49 million 700 thousand euros. During the period, Puma's clothing and footwear businesses were strong, respectively, by 23.6% and 15.4% respectively. Sales in the Asia Pacific market, including China, rose 21.6% to 315 million euros, while sales in the North American market rose 19.7% to 463 million euros. Extended reading: Puma shoe business for the first time breaking 2 billion euros, the star effect inertia is still continuing.
05EssilorLuxottica acquired majority stake in GrandVision of Holland glasses retailer
Although the Italy glasses giant EssilorLuxottica has yet to solve the problem of merger, the group has begun to accelerate its expansion, buying a stake in GrandVision76.72%, a Holland eyewear retailer, and the cash purchase price is equivalent to 28 euros per share, which is valued at 7 billion euros for GrandVision. After the completion of the transaction, EssilorLuxottica will add 3 billion 700 million euros a year. In the first half of June 30th, EssilorLuxottica sales amounted to 8 billion 800 million euros, and net profit increased by 6.8% to 1 billion 100 million euros.
06, Wacoal spent $85 million to acquire the original underwear brand of the top executives.
Wacoal international, Japan's largest underwear group, recently decided to buy Lively, the Internet underwear brand, founded by MichelleCordeiroGrant, the former director of merchandise, at a price of 85 million US dollars. After the completion of the transaction, Lively will continue to operate independently under the management of MichelleCordeiroGrant. Wacoal will also help Wacoal accelerate its penetration into the young consumer market while supporting infrastructure and channels.
07 the US beauty market is facing a headwind cycle. L'OREAL said it was "tough this year".
L'OREAL, the world's largest cosmetics group, grew less than expected in the second quarter, due to weak demand in the US. Jean-PaulAgon, chairman and chief executive officer, said on Wednesday that the cosmetic market environment in the United States had never been stable. The cosmetics industry is vulnerable to the impact of the US business cycle. It admitted that the prosperity of the US cosmetic market may have reached its peak. This year it will be a little difficult. "When the business cycle is not suitable for cosmetic products, it will be the upwind for cosmetics manufacturers." Another analyst pointed out that some consumers will turn their attention to smaller or more luxurious cosmetic products instead of mass market products.
08Reebok appointed PyerMoss director as art director of new branch line
Reebok has appointed PyerMoss director KerbyJean-Raymond as the artistic director of ReebokStudies__'s new creative branch line. In 2013, PyerMoss, founded by KerbyJean-Raymond, maintained a long-term cooperative relationship with Reebok from 2017 and launched a joint series ReebokbyPyerMoss. It is reported that Jean-Raymond has also finalized the general manager of the new branch line, but no specific candidate has been announced.
09 Italy shoe shoe group Geox declined 3.5% in the first half of the year.
In the first half of June 30th, Geox sales fell 3.5% to 399 million euros compared with the previous year, and profits and profits before interest tax depreciation and amortization fell 26% to 18 million 700 thousand euros. The group said the decline in performance was mainly due to the adverse weather conditions in 4 and May and the streamlining of the franchise network. During the period, Geox's sales in Italy's domestic market dropped by 6.5% to 116 million 200 thousand euros, while in other parts of Europe, its revenues dropped 2.8% to 174 million 800 thousand euros, and North America fell 8.6% to 22 million 100 thousand euros.
10 British fashion brand L.K.Bennett is 32 million in debt.
In April this year, the British fashion brand L.K.Bennett was officially purchased by the Chinese franchisee, RebeccaFeng, a newly established British company BylandU.K.Ltd. at a price of 9 million 800 thousand pounds. The transaction was conducted by Ernst & Young, a consultancy company designated to supervise the reorganization of the brand. However, BylandU.K.Ltd recently discovered that L.K.Bennett liabilities amount to 31 million 900 thousand pounds. RebeccaFeng revealed earlier that the sole purpose of BylandU.K.Ltd. was to acquire L.K.Bennett, and that L.K.Bennett is a synonym for quality and has great potential in overseas markets.
11Superdry to accelerate the layout of emerging markets will launch the official website of India Edition
Britain's Chao Superdry will launch the official website of India in mid August, which will launch more than 4000 products online, after the brand only sold products on platforms such as Myntra, Ajio and Amazon. It is reported that since entering the India market with the RelianceBrands agreement in 2012, Superdry's revenue in the region has maintained double-digit growth. The brand expects the new official website to contribute 7% to 10% of its sales. In the 12 months ended April 27th, total Superdry revenue and the previous fiscal year were basically flat at 872 million pounds, and the pre tax profit from 97 million pounds plunged 56.8% to 41 million 900 thousand pounds.
12 Britain will hold its first London Beauty Week in September.
It is reported that the first London Beauty Week will be held in London in from September 11th to 15th, during the London Fashion week. It aims to bring together influential figures in the industry to participate in the new trend of beauty dressing and the release of new products. There will also be dinner parties, beauty shops and seminars in CoventGarden. It is estimated that the output value of the British cosmetic industry has reached 27 billion 200 million. Extended reading: deep screen, red and beautiful makeup is also a gust of wind.
13UrbanOutfitters parent company enters the field of garment leasing
Its URBN group, which owns UrbanOutfitters, Anthopologie and FreePeople, has recently launched a new clothing rental service "Nuuly", which will provide users with brand names and more than 100 third party brand rental services. It is reported that the subscription cost of "Nuuly" is 88 dollars per month, and 6 commodities can be leased in that month, with an average total value of about 800 dollars.
14CalvinKlein announces Zhang Yixing as the world's first Chinese spokesperson
CalvinKlein recently announced that China's 90 star Zhang Yixing is the global spokesperson for CalvinKleinJeans and CalvinKleinUnderwear, and is also the world's first Chinese spokesperson. According to the fashion business Express monitoring, Zhang Yixing has 47 million 350 thousand fans in micro-blog, and micro-blog has more than one million commentary points.
15 photo social platform Pinterest new shopping function
In addition to Instagram, Pinterest, a social networking platform, is also actively distributing the electronic business. This week, the "PickedforYou" center is launched to enable users to browse specific products, including personalized shopping recommendation, shopping search and other functions. In order to simplify the application shopping experience, Pinterest has rebuilt the infrastructure supporting its product page, including the latest pricing and inventory information, linking users to retailers website, and adding "similar products" category under every fashion and home decoration picture.
16 mogujie.com launched the double billion plan to incubate 100 million e-commerce providers.
Mogujie.com recently released the "2019 mogujie.com live double hundred program", plans to recruit high-quality red broadcaster, agencies and supply chain for the whole network, help new anchor to complete 0 to million single field sales breakthrough within 100 days, and will successfully hatch 100 100 million sales anchor hosts in 2019. Mogujie.com live "double hundred" will be divided into Start new track and TOP senior track two parts. For the whole network, we will recruit the anchors who have experience in wearing and dressing, and encourage organizations or supply chains with high quality anchors resources.
Source: fashion business Daily
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