Prada Is Dragged Down By The Asia Pacific Market And Its Performance Is Not Ideal.

Italy Prada luxury group's net profit in the first quarter of fiscal year 2015-16 fell 44.2% to 58 million 475 thousand euros, because the Asian Pacific market is facing difficulties.

In the same period, the turnover increased by 6,5% to 828 million 188 thousand euros, mainly due to the decline of the euro against other major currencies.

The group said sales fell by 5,4% at fixed exchange rates.

Indicated by

(real estate, work cost, depreciation) is a drag on growth compared with the same period in 2014.

"Sales growth is less than cost growth", resulting in a 42 decline in operating profit (EBIT) to 90 million 700 thousand euros, which is equivalent to 11% of turnover.

European sales growth is "good" (+11%), thanks to the fact that

A large number of visitors came from North America, and Japan's turnover increased by 6%.

The situation in the Asia Pacific region is still more difficult. In the first quarter, the turnover decreased significantly, but favorable exchange rate factors played a role in reparation.

Prada also said that the number of tourists from mainland China to Hongkong and Macao reduced "no signs of stopping."

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In the week of women's wear, New York fashion week is very important. But when it comes to men's wear week, New York has never had a special platform. Every season when men's wear is released, people's eyes are always gathered in London, Milan, Paris and Florence.

But after two years of consultation and preparation, the American Fashion Designers Association (CFDA) will launch the first men's week in New York in the summer of 2015. In from July 13th to 16th, the first New York men's wear week (2016 spring summer New York men's week) will be held in SkylightClarkson, and will be in protest with London, Milan, Paris and Florence.

After two years of consultation and preparation, the CFDA will launch the first men's week in New York in the summer of 2015, and the first New York men's dress week (2016 spring and summer New York men's week) will be held in Skylight Clarkson in from July 13th to 16th.

The brand of the first New York men's wear week will include Tommy Hilfiger, Calvin Klein Collection, Michael Kors, Rag Bone & amp; Public, Public School, Bone, Collection, cable, cable, cable, etc.

Although not all brands will hold fashion shows, they are also called high quality players.

CFDA's chief executive, Steven Kolb, said: "the design of men's wear in the US is very powerful and creative.

We do not want to imitate London, Milan and Paris. Everything will be New York style and American style. American designers deserve a platform of their own. "