Gucci Postponed The Holiday Show Because Of The Epidemic; Li Jiaqi Broadcast Temporarily Withdrew The Olay Product.

01

The report said that wealthy Chinese consumers plan to reduce luxury purchases before the outbreak.

According to Bloomberg news, before the outbreak of the new crown pneumonia, ConsumerSearch group and Rhodes public relations, through a survey at the end of last year, found that Chinese consumers' desire for luxury goods is decreasing. About 10% of the wealthy consumers plan to reduce their luxury purchases in 2020, compared with 6% in the previous year, and 44% of the wealthy consumers said they would consider increasing their purchases. Expenditure is lower than 46% in the previous year.

Rhodes, executive director of ConsumerSearch group, emphasized in the briefing last week that this means that the luxury industry will face enormous challenges. Gao Ming, senior vice president of public relations of Rhodes, admits that when the epidemic is over, there will usually be a rebound in consumption, but it is hard to predict how big the scale will be.

02

Nike Europe headquarters temporarily closed due to staff infection with new crown virus

According to ANP news from Holland news agency, an employee of the US sports apparel group Nike Nike in Holland, Europe, has a staff member infected with the new crown virus and will be temporarily closed for two days on Monday and Tuesday. In an internal mail, Nike revealed that the headquarters of Europe would be thoroughly sterilized during the shutdown to ensure the health and safety of nearly 2000 employees. As the epidemic continues to spread, the headquarters of luxury brand GiorgioArmani in Milan has been temporarily closed since last week.

03

Affected by pneumonia, shoe brand ColeHaan or IPO postponed

According to the Reuters, people familiar with the matter said that in view of the spread of the spread of pneumonia last week, the standard & Poor's 500 index fell 12% per share. The US shoe lounge brand ColeHaanInc decided to give up its original IPO IPO plan this week. According to the source, ColeHaan will shelve the IPO plan until the situation improves. According to public information, ColeHaan is currently the owner of private equity fund ApaxPartners, sales in fiscal year 2019 to $687 million.

04

High-end perfume brand Creed was acquired

According to Bloomberg news, private equity fund BlackRock joined Te A Jill's chairman, JavierFerr n, to acquire the high-end perfume brand Creed. After the completion of the transaction, BlackRock will have a majority stake in Creed, and JavierFerr n will serve as chairman of the board of Creed. Creed was founded in 1760 in London by JamesCreed, headquartered in Paris, with an annual income of more than 200 million dollars, and men's perfume accounted for 70%.

05

Burshilon will terminate its retail business in Taiwan

The clothing retailer has announced that the board has decided to close 51 stores in Taiwan in July 31, 2020. Burshilon opened its first store in Taiwan in 1992, and is an important part of the group's expansion of the Greater China market. Burshon will consult with the owners of the Taiwan stores on the existing termination terms of the lease, and compensate the employees who have been laid off according to the local employment legislation and regulations. The initial cost is estimated at HK $20 million.

06

After the Seoul fashion week, Tokyo fashion week also confirmed the cancellation.

According to fashion business news, Tokyo fashion week became the latest international fashion week cancelled by the impact of pneumonia. Seoul fashion week was called off last week. JFWO, a Japanese Fashion Association, said that concerns about the new crown pneumonia were increasing every day. After discussions and discussions with all parties, they decided to give up because of health and safety considerations. The original planned brand will be released through the official website of Tokyo fashion week. Extended reading: commentary: the fashion industry is not ready for the end.

07

Gucci postponed San Francisco holiday series show due to epidemic situation

Italy luxury brand Gucci has announced the delay of the 2021 holiday series, scheduled for May 18th in San Francisco, due to the uncertainty of the pneumonia epidemic. The new time and place will be announced later. Affected by the epidemic, Prada also decided to postpone the holiday show held in Tokyo in May 21st. Chanel, Dior, MaxMara and GiorgioArmani brand 2021 holiday series fashion show has not been announced to cancel or postpone.

08

After the cancellation of the watch exhibition, Bvlgari and other luxury brands will hold exhibitions themselves.

With the cancellation of the Basel watch and clock show and the Geneva watch and clock show, luxury watch makers such as Bvlgari, Breitling, UlysseNardin and Girard-Perregaux have indicated that they will hold exhibitions in from April 26th to 29th at several high-end hotels in Geneva, Switzerland. Jean-ChristopheBabin, Bvlgari's chief executive, said that the move would enable retailers and media to focus more closely on product visits in the short term. It is reported that Chopard and H.Moser&Cie are considering the same moves.

09

NewBalance becomes NBA's official long-term partner

The Boston sports apparel brand NewBalance has announced that it has signed a long-term cooperation agreement with NBA, officially becoming the official partner of NBA, and is only 1 years away from the brand's return to basketball. As part of the agreement, NewBalance will develop live broadcasting, digital and retail content to enhance the exposure of teams and athletes in brand sponsorship uniforms. For this reason, NewBalance has specially taken the "WeGotNow" promotional film, starring by the star KawhiLeonard, which has been broadcast around the world in February 27th.

Ten

CanadaGoose released polar bear documentary

To show support for environmental protection and animal protection, Canadian luxury feather brand CanadaGoose has recently produced a documentary with the polar bear international PBI, titled "naked existence", which mainly shows the efforts made by PBI scientist StevenAmstrup and other members of the team to protect the wild polar bear and the polar bear habitat Manitoba. In the past month, CanadaGoose has also released related products to support the table, and plans to donate some of its benefits to PBI.

Eleven

Allbirds announces 2019 carbon fund details

At the time of its 4th anniversary establishment, Allbirds, the brand of environmental footwear in San Francisco, announced the latest progress of the carbon fund project. According to its statistics, from the raw material supply end of the sheep feed to the consumer's hands, all the links will add up to 10 kilograms of carbon emissions. Therefore, Allbirds will pay 10 cents for each pair of shoes to protect the environment. In public welfare undertakings.

To further promote brand sustainability and environmental protection culture, Allbirds's "carbon compensation" project will be used in Don Vera Yama Xun rainforest and community protection projects, US landfill gas emission reduction projects, and wind farm projects.

Twelve

Chief executive officer of Paris Spring Department Store

After more than 12 years' helm, PaolodeCesare, chief executive officer of Paris Spring Department Store LePrintemps, left in February 28th, and the board of supervisors is looking for its successor. According to analysis, PaolodeCesare's departure representative, Paris spring department store, has realized the importance of introducing fresh blood to accelerating the transformation of the group. It is reported that the first electronic business platform of the department store is about to come out.

Thirteen

Or by the Shaw war debate, Li Jiaqi's live broadcast temporarily withdrew Olay products.

According to micro-blog sources, or influenced by Xiao Zhan's recent controversy, webcast anchor Li Jiaqi temporarily removed the Olay product endorsed by Xiao war on Sunday night. Other people said that some brands had planned to break up with Xiao war. Up to now, Xiao war has nearly 25 million fans in micro-blog. In addition to Olay, he is also a spokesperson for brands such as Estee Lauder, VS, Roseonly and Oppo. For the relevant argument, the above brands and Li Jiaqi Fang did not respond.

Fourteen

Jingdong 2019 performance exceeded expectations, stock prices rose more than 12%

Domestic electricity giant Jingdong released its annual performance report on Monday before the US stock market. Its sales rose 25% to 576 billion 900 million yuan in 2019, exceeding analysts' expectations. Net income in the fourth quarter rose 26.6% to 170 billion 700 million yuan, and recorded a net profit of 3 billion 600 million yuan, a marked improvement over the same period last year. It is noteworthy that in 2019, the number of active users of Jingdong increased to 362 million, which has recorded an increase in three consecutive quarters. Jingdong's share price rose 12.44% to 43.3 dollars on Monday, and its market value was about 63 billion 200 million dollars.

Fifteen

Tmall LuxuryPavilion launched 3 and a half years has attracted 150 brands to enter.

According to Alibaba director S e bastienBadault, after three and a half years of Tmall luxury platform LuxuryPavilion, there are more than 150 brands, including Prada, Cartire and Valentino luxury brands. S e bastienBadault emphasizes that in China, even online flagship stores need to be updated constantly, not as static as in Europe, including video clips, real-time contributions, interviews and various product activities, all of which will have a direct impact on the participation rate.