Taiping Bird Is Expected To Earn 560 Million Last Year; La Natsu Bell'S Performance Warning Profit Dropped 90%.

01

Luxottica, a Italy eyewear manufacturer, will be delisted from the Milan stock exchange after its merger with Essilor. The last board meeting will be held in March 5th to review the performance of the group in the past four years.

It is estimated that the cumulative income of Luxottica increased by 40% to 36 billion euros in the four years from 2018 to 2010 compared with 26 billion euros from 2010 to 2013, while net profit rose 80%. 2018's complete performance report will be announced in March 8th.

02 weak sales in emerging markets, Italy glasses maker Safilo revenue fell 7% last year

Safilo group recently released its preliminary performance report in 2018, its revenue fell 7% to 962 million euros, and 1 billion 30 million euros in 2017, which is mainly affected by weak sales in North America and emerging markets and the slowdown in the Asia Pacific region.

During the period, the group's sales in Europe dropped 1.2% to 452 million euros, North America's revenue plunged 12.1% to 371 million euros, Asia Pacific revenue fell 1.5% to 63 million 300 thousand euros, and sales in other parts of the world dropped 16.2% to 76 million 300 thousand euros.

03 Taiping bird is expected to have a profit of 560 million entities and 4431 stores last year.

The domestic clothing group Taiping bird released its preliminary performance in 2018. Its net profit is expected to rise 23% to 560 million yuan over the same period last year, mainly due to the steady growth of revenue, effective control of inventory size, and positive factors such as government subsidies.

There are people in the industry who believe that the growth of Taiping bird, which has been in existence for over 30 years, is inseparable from its insistence on breakthrough in innovation.

As of the three quarter of 2018, Taiping bird had 4431 entity stores.

04 La Natsu Bell issued performance warning 2018 net profit or fell more than 90%

La Natsu Bell, a domestic clothing group, recently released its annual performance warning in 2018. After preliminary calculations by the financial department, the net profit of the group decreased by about 459 million yuan over the same period of 2017, down 91.98% from a year ago.

The announcement indicated that the drop in net profit was mainly affected by the decline in terminal retail sales, which also led to a year-on-year decline in gross profit of the group by about 5%.

In addition, a series of initiatives adopted by the group to enhance product strength, optimize retail channels and improve single store sales can not be directly and fully reflected in 2018.

05 AVON plans to cut 10% of global layoffs, which has risen nearly 5% after the market.

AVON announced a restructuring plan on Wednesday, which will cut about 10% of the world's total. After taking into account the one-time cost of about $88 million due to write off inventory, the company expects the total pre tax total cost of restructuring to be about $100 million, and by the end of 2019, it will achieve an annual cost savings of about $97 million.

After the news release, AVON shares rose 4.76% to 1.98 dollars behind the market, with a market capitalization of about 836 million dollars.

06

According to OC&C, a global business consultancy, the survey on luxury consumption of 15500 Z generations including 9 countries, including China and the United States, shows that despite the uncertainty of Global Luxury Retailing, Chinese consumers of Z generation spend more than 7000 dollars a year on luxury goods than Western peers.

At the same time, the average consumption of luxury goods in China's Z generation accounts for 15% of the total household income, while the luxury consumption of British and American peers account for only 4% of household income.

In a 2018 report, Bain estimated that luxury consumption in China's Z generation will account for 46% of the market consumption in 2025.

07

According to the fashion business news, the American women's daily Women "s Wear Daily" has appointed Zhang Tianyu as editor of London / China market in London. He is responsible for reporting overseas fashion brands in China and taking part in the reporting task of London fashion industry. He will work closely with Ye Liqing, the Chinese branch president of Beijing, to provide Chinese readers with information about the fashion industry and help them establish a broader influence in the Chinese market. The appointment will take effect from February 1st.

Zhang Tianyu graduated from the central Saint Martin fashion journalism master's degree. He has contributed more than 10 years to Chinese fashion publications, and has been a consultant for China fashion market 4 years ago.

Prior to joining the WWD, he co founded and worked for the Chinese version of BoF fashion business review with BoF and participated in the establishment of the Chinese designer support project BoF China Prize.

08 Hearst magazine appointed the first creative director of brand content.

Media giant Hearst magazine recently appointed Nick Neubeck as the first brand creative director to further deepen its cooperation with advertisers.

Previously, Nick Neubeck has been a creative director in the digital media department of Hearst magazine. In the future, he will focus on the content creative editors of Hearst's magazine, including Harper's Bazaar, Cosmopolitan, Esquire and Good Housekeeping.

09Salvatore Milan fashion week debut for the first time in Ferragamo12

Italy luxury brand Salvatore Ferragamo will hold a fashion show in Milan landmark building Rotonda della Besana in February 23rd. The fashion show has been held in Mezzanotte square in Milan for the past 12 years.

Affected by the downturn in wholesale channels, exchange rate fluctuations and the decline in core footwear business, Salvatore Ferragamo expects its initial revenue in 2018 to decline by 3.4% to 1 billion 340 million euros, while fixed exchange rate sales fell 1.7%.

10Justin Bieber brand Drewhouse launches its first clothing series

The brand Drewhouse, which has been working with friends and long-term partners after 90 Canadian singer Justin Bieber, officially launched its first clothing series Drew yesterday.

According to the official website of the brand, there are no gender differences in the design of the series. The price ranges from 48 US dollars to 148 dollars, including a large size, which is limited in Losangeles.

The Blast said in the report that Drew's design style is similar to the combination of the personal style of the tide brand Yeezy and Justin Bieber influenced by the skateboard culture.

11Chanel opens a new boutique in Chicago, USA

According to the women's wear daily, Chanel Chicago boutique is located at 65 East Oak Street, two stories, with an area of 10 thousand square feet, designed by Chanel long term partner Peter Marino, inspired by founder Gabrielle Chanel located in 31 Rue Cambon apartment in Paris.

Chanel John Galantic, President and chief operating officer of the US, said that Chanel will increase investment in refurbishing boutiques to better enhance its brand image and enhance the relationship between brands and consumers.

12Champion will host brand 100th anniversary global celebration

Champion was founded in Rochester, New York in 1919. It has become one of the largest and fastest growing sportswear brands in the world.

To celebrate 100th anniversary, Champion will share stories from different teams with consumers. At the same time, we will review the history and important milestones of brands, and the important role of "C" logo in sports and popular culture. The brand will celebrate 100th anniversary through social media, official websites, limited product series, and various types of activities and influential opinion leaders.

13 China region revenue fell 27%, Cook said iPhone consider price cuts.

Apple released its first quarter report in 2019. Its revenue fell 5% to 84 billion 300 million dollars over the same period, iPhone income fell 15%, and total service revenue increased 19%.

The Greater China region's revenue was $13 billion 169 million, a year-on-year drop of 27%.

Apple CEO Cook said at a conference call after the earnings announcement that the performance of the Greater China region was not as good as expected, and that the group might consider re pricing the iPhone outside the US dollar zone.

(extension reading: will the new iPhone grab LV's business?)

14 Alibaba third quarter revenue breaking 100 billion Taobao mobile monthly active users nearly 700 million

According to the latest Alibaba earnings report, its 2019 quarter fiscal year third quarter revenue rose 41% to 117 billion 278 million yuan, the same period last year was 83 billion 28 million yuan, Taobao mobile monthly active users reached 699 million.

The Alibaba net profit was 33 billion 52 million yuan, an increase of 37% over the same period, beyond analysts' expectations.

Baird analyst Colin Sebastian said earlier that Alibaba may be more unaffected by changes in China's macro consumption level than other companies, because electronic products and appliances and other commodities have been one of the most affected categories of China's economic slowdown.

15 about 2 billion 300 million people use Facebook every month.

Facebook, the world's largest social media giant, released its fourth quarter financial data on Wednesday, its revenue rose 30.4% to 16 billion 910 million dollars over the previous year, exceeding the expected $16 billion 390 million, 1 billion 520 million live users during the quarter, 2 billion 320 million monthly active users, and 500 million users of Instagram's Stories function.

After the release of the earnings report, Facebook shares rose 11.5% to 167.7 dollars after the market, and the market value is currently about 432 billion 200 million dollars.