Anta Takes International Olympic Committee Official Supplier Escada To Be Bought By US Private Equity Fund

International Olympic Committee announces Anta becoming its official sportswear supplier

The International Olympic Committee held a ceremony at the international Olympic Museum in Lausanne, Switzerland, and formally announced that Anta will become an official sportswear supplier of the International Olympic Committee until the end of 2022. This is another important milestone that Anta has joined hands with the International Olympic movement since it became the official partner of the Chinese Olympic Committee from 2009 to 2024 and the official partner of the Beijing Winter Olympic Games and the winter Paralympic Games in 2022.

Net profit fell by nearly 8% in the first three quarters.

In the first three quarters of the first quarter of the year, the operating income of 1 billion 511 million yuan was 2.89% yuan, representing a net profit of 172 million yuan attributable to shareholders of listed companies, a decrease of 7.88% over the same period last year. Tian Chong fashion is one of the leading multi brand and whole industry chain operators in the fashion women's shoes industry. The company is committed to providing fashionable and comfortable footwear and supporting products and services to consumers. The company has six brands of women's shoes, including five women's shoes brands KISSCAT, ZSAZSAZSU, tigrisso, KissKitty and KASMASE, and acting as the brand of Spanish women's shoes.

Alibaba will be landing Hong Kong stocks next month.

Alibaba group is considering listing as early as November in Hongkong, China, raising up to 15 billion US dollars. The Alibaba plans to seek approval from the Hongkong stock exchange shortly after the "singles day" in November 11th and may be listed at the end of November or early December. Considering that the company is very large and investors are very familiar with it, Ali is expected to give up the pre launch roadshow conference.

Taiping bird's income in the third quarter is close to double-digit growth. The first three quarters of the year's income has broken 5 billion.

Taiping bird released the first three quarters report in 2019, sales increased by 2.36% to 5 billion 3 million yuan, net profit recorded 207 million yuan, of which third quarter sales grew 9.55% over the same period, mainly due to the growth of more than 30% of the electricity supplier channel. During the reporting period, the "Lok Ting X white rabbit" jointly launched by Taiping bird, Harry Potter and Taiping bird cooperation series continued to sell well in the market. Up to the end of the reporting period, there were 4438 offline stores in Taiping's brand, of which 1625 were direct stores, 2807 were franchises, and 6 were affiliated stores.

Profits rose more than 550% in the third quarter of Saturday.

The footwear industry group released its third quarter report on 2019 on 2019, during which its business revenue increased 18% to 478 million yuan over the same period, and net profit rose 552.67% to 44 million 230 thousand yuan compared to the same period. In the first 9 months of this year, the group's business income rose 20.22% to 1 billion 369 million yuan, while net profit rose 432.56% to 105 million yuan. On June last year, on Saturday, we signed the strategic cooperation framework agreement with Hui Jie shares. The two sides jointly contributed to the establishment of a item company specializing in footwear product design, brand promotion and product sales.

DAZZLE's parent company's sales rose by 16% to 1 billion 700 million in the first three quarters of fashion.

In the first three quarters of 2019, sales increased 15.9% to 1 billion 705 million yuan, net profit of shareholders belonging to listed companies increased 6.65% to 480 million yuan, and net profit rose 21.29% to 433 million yuan. It has four brands: DAZZLE, DIAMOND DAZZLE, d'zzit and RAZZLE. Since the beginning of this year, the company has focused on optimizing the marketing network system, improving the level of retail capacity and store efficiency, increasing gross margin to 75.47%, a net increase of 18 stores and a total of 1068 stores.

Semir's first three quarter revenue rose nearly 36%

Semir apparel recently disclosed three quarterly reports. The company achieved operating income of 13 billion 261 million yuan in the first three quarters of 2019, up 35.82% from the same period last year, while net profit rose 2.79% to 1 billion 307 million yuan, of which third quarter net profit fell 3.18% to 585 million yuan. Some analysts pointed out that with the upgrading and upgrading of Semir's brand concept, the follow up of product quality, the smooth extension of multiple categories and the richer connotation, the group still has great potential in the future.

YOUNGOR's net profit rose more than 31% in the first three quarters.

YOUNGOR released its first three quarter report in 2019, and its operating income rose 45.14% to 6 billion 868 million yuan over the same period, and net profit rose 31.43% to 3 billion 77 million yuan. Net profit after deducting non recurring gains and losses jumped 55.45% to 2 billion 857 million yuan. Over the past year, YOUNGOR is upgrading all flagship stores into smart stores, making use of 3D technology, big data and VR/AR technology to make it a carrier of intelligent marketing, while giving full play to the advantages of offline intelligent factories that "follow orders with doing" and open up a new and new retail era.

In the first three quarters, profits fell 46%.

Search recently released the three quarter report in 2019. From the beginning of 2019 to the end of the reporting period, group revenue fell 34.88% to 9 billion 894 million yuan, while net profit dropped 45.98% to 300 million yuan. In the earnings report, he said that the decline in performance was mainly influenced by the instability of the macro retail environment and the speed of the development of supply chain management.

Anta sports performance in the third quarter is stable, stock prices hit a new high.

Domestic sports apparel retail giant Anta sports released the third quarter operating data in 2019, and Anta's main brand revenue grew 10% to 20% year-on-year, and remained stable. Driven by store expansion and shop promotion, FILA brand continued to grow in the past year, and the retail sales grew by 50% to 55%, becoming the engine of Anta's growth. The retail sales of other brands also recorded an increase of 30% to 35%. As of October 31st closing, Anta sports shares rose 1.59% to HK $76.8, a record high, with a market value of HK $207 billion 400 million.

Vans's parent company netted over $600 million in the third quarter, and China's market revenue rose 20%.

Vans parent group recently released its third quarter earnings report. Its revenue from continuing operations increased by 5% to $3 billion 400 million, while net profit rose 28% to $650 million over the same period. During the reporting period, the Group recorded a strong growth of 20% in the Chinese market, pushing the international market revenue by 4%. The Group expects that the sales of sportswear will increase by 8% to 9% this year, while the previous guidelines will be 7% to 8%. The sales of work clothes will increase by about 2% to 3%, compared with the previous forecast of 3% to 5%.

Maje's parent company's revenue rose nearly 11% in the third quarter.

Thanks to the strong performance of China and other Asian Pacific markets, the third quarter sales of French fashion group Sandro, Maje, Claudie Pierlot and De Fursac rose by 10.8% to 274 million 500 thousand euros. Among them, the core brand Sandro sales rose 12.2% to 133 million euros, while Maje grew 10% to 108 million 300 thousand euros, including sales of other brands in De Fursac and Claudie Pierlot increased 8% to 32 million 900 thousand euros.

Columbia revenue rose 14% in the third quarter.

In the three months ended September 30th, sales of Columbia in the US outdoor apparel group rose 14% to $900 million, while net profit rose 19% to $119 million. In the same period, the core brand sales of the same name also rose by 14% to 729 million dollars, while Sorel sales rose 27% to 116 million dollars. Sales of prAna and Mountain Hardwear brands decreased by 4% and 1% to 38 million 500 thousand dollars and 22 million 700 thousand dollars respectively.

The British fashion sportswear brand Varley won 3 million 900 thousand of the investment from the CEO of the bestseller group and the former president of the Karen group.

In October 23rd, Varley, the fashion sportswear brand in the UK, announced that it had received 3 million 900 thousand pounds of Ron Dennis investment from the chief executive officer of Bestseller (bestseller group), Anders Povlsen and McLaren Technology Group (Karen Technology Group). Varley will make use of this financing fund to speed up business growth, expand the scale of the management team of the company, recruit more senior industry members to join the company, further expand the business of e-commerce, redesign the official website, strengthen the wholesale and retail channels, and introduce more high-quality new service series, such as skiing and tourism.

Champion's global sales increased 25% in the first quarter, and achieved strong two digit growth in 9 consecutive quarters.

In October 31st, the Champion brand's parent company, HanesBrands, the American underwear and sportswear manufacturer, announced the key financial data in the third quarter of fiscal year 2019. The global sales growth of Champion brand was 25% (excluding the traditional US mass market channel), achieving two digit strong growth for 9 consecutive quarters. The company hopes that the full fiscal year will achieve the expected intermediate value. In October 31st, the Champion brand's parent company, HanesBrands, the American underwear and sportswear manufacturer, announced the key financial data in the third quarter of fiscal year 2019. The global sales growth of Champion brand was 25% (excluding the traditional US mass market channel), achieving two digit strong growth for 9 consecutive quarters. The company hopes that the full fiscal year will achieve the expected intermediate value.

Biography: German fashion women's brand Escada was bought by US private equity fund

Analysts expect the transaction to be completed in the next few months, but details of specific transactions have not yet been disclosed. The German fashion brand Escada was founded in 1976 by Margaretha Ley. Due to the continued downturn in its performance, the brand went bankrupt in 2009. According to Handelsblatt data, Escada's revenue fell 8% to 114 million euros in 2017, and its estimated revenue was 107 million euros in 2018. Escada is headquartered in Munich, once one of the most famous high-end women's clothing brands in the world, but the company is on the verge of bankruptcy. In 2009, it was bought by Megha Mittal, daughter-in-law of Lakshmi Mittal, India iron and steel giant.

Prada 66 million euro acquisition of Fratelli Prada shares

In October 29th, Italy luxury group Prada entered into a sale and purchase agreement with the seller Miuccia Prada Bianchi and Bellatrix S.p.A. to purchase shares of Fratelli Prada with a total cost of 66 million euros. After the completion of the transaction, Fratelli Prada became a wholly owned Affiliated Companies of Prada group. The announcement shows that Fratelli Prada operates four historic Milan stores after merging with individual companies operating previously in Milan stores. Since its establishment, Fratelli Prada has been a company owned by the Prada family.

L'OREAL group's third quarter sales increased by nearly 8%, and online business surged more than 47%.

The world's largest beauty group L'OREAL's third quarter sales grew 7.8% to 7 billion 180 million euros, mainly driven by high-end brands such as Lancome. Among them, sales of online businesses increased by 47.5%, accounting for 13.5% of total sales and retail sales of tourism rose 20.8%. L'OREAL chief executive Jean-Paul Agon said in the earnings report that Asia Pacific region, including China, India and Japan, has the strongest growth momentum, but the US market performance is weak. Earlier, L'OREAL's new chief executive of China issued an open letter saying that China has become the second largest market in the group.