Urban Beauty Is Suspected To Be Terminated With Lin Chiling.
01 retired Shaquille O'Neal intends to buy Reebok brand valued at billions of dollars.
Shaquille O'Neal recently made clear in the interview with foreign media that he wanted to acquire Reebok, a sports brand of adidas group. He had worked with the sports brand as early as 1992. However, Reebok has not yet come up with the intention of seeking sale, but analysts estimate the brand's valuation has reached billions of dollars. It is reported that Shaquille O'Neal is also an actor, rapper, sports analyst, investor and member of the board of directors of Papa John. Up to now, Reebok and Adidas have yet to respond to the news.
02 spokesperson Wu Yifan promoted Louis Vuitton to become China's No. 1 luxury brand.
According to the Gartner L2 report, Louis Vuitton ranks the top in China's luxury brand Top 10 rankings, while Bvlgari and Cartier gained second and third respectively. The report specifically mentioned that Louis Vuitton's choice of Wu Yifan as brand spokesperson is a key factor to enhance its market share and influence in China. In response to China's value-added tax reduction policy, Louis Vuitton took the lead in reducing the retail price of Chinese commodities by the end of March, about 3%.
03Nike is about to announce its new earnings. Citibank expects its sales in China to decline.
The US sports apparel giant Nike group will release its fourth quarter earnings report in June 27th. Citigroup analyst Paul Lejuez, after conducting a survey of sporting goods retailers in China and Europe, believes that Nike's performance in China has declined over the past two quarters, thereby reducing the expected earnings per share of Nike in fiscal 2020 to $3.04. As of last Friday, Nike shares rose 0.6% to $85.75, a cumulative decline of 4% in the past three months and a market value of about $107 billion 700 million. In the third quarter of Nike, China's revenue was the first to break 10 billion, but North America was still eaten by Adidas.
04 an Li Fang holdings issued profit warning, expected net profit decrease in the medium term.
Last week, Fang Li Fang announced that its net profit in the six months ended June 30, 2019 will be reduced compared with the same period last year. It is reported that the decrease in net profit of the group is mainly affected by the continued weakening of the retail business and the continuous fluctuation of the global macroeconomic environment. By the end of December 2018, the total retail sales point of the group was 1837, of which the number of sales counters and specialized shops was 1557 and 280 respectively.
05 La Natsu Bell sells management consulting business with RMB 275 million yuan.
In June 21st, La Natsu Bell, a domestic dress group, approved a proposal by the board of directors to sell the rights and interests of Tianjin star wide enterprise management consulting partnership (limited partnership). The spanaction cost was 275 million yuan. The company estimated that the group would record an unaudited income of about 29 million yuan from the proposed sale, and suggested that the net proceeds from the sale would be about 243 million 750 thousand yuan. It is expected that the fund will be used as the general working capital of the group for the main business of the company.
06 Hai Lan home repurchase 667 million yuan stock
In June 16th, the National Men's clothing Hai Lan home completed the stock repurchase plan put forward at the end of 2018. In June 18, 2019, it wrote off the 72792951 shares repurchased in China Securities Depository and Clearing Co., Ltd. Shanghai branch, and promptly handled the related matters such as change registration procedures. According to the earnings report, the highest price of the repurchase is 10.33 yuan per share, the lowest price of repurchase is 8.05 yuan per share, the average repo price is 9.17 yuan per share, and the total amount of funds used is about 667 million yuan.
07, an early cancellation with Lin Chiling? City beauty appointed Guan Xiaotong as China spokesman for brand.
City beauty announced last Friday that Guan Xiaotong was appointed as the spokesperson of the group's "Cosmo Lady" brand underwear and home furnishing in China in June 1, 2019. The service period is 2 years. Guan Xiaotong will take part in the advertising shoot and attend the brand promotion activities. According to the fashion business express, Guan Xiaotong has about 26000000 fans in micro-blog. Extended reading: to create "China's Secret", the city beauty has invited the former CEO to join.
08 Shandong's Bagir purchase is postponed until March next year.
Bagir, Israel's innovative garment maker, announced that the takeover bid from Shandong Ruyi investment holding group was postponed until March 31, 2020. When the news came out, Bagir's share price plummeted 19.31% to 1.25 dollars that day. Up to now, Shandong is still willing to pay the remaining $13 million 200 thousand to Bagir.
In November 2017, Shandong announced that it would buy Bagir 54% shares at a price of US $16 million 500 thousand. In December 31st of last year, the spanaction was postponed to May 30th this year because it was not approved. Then Shandong Ruyi again applied to postpone its trading date to June 18th in June 1st.
09 UNIQLO appointed Japan's first woman CEO
The fast fashion group of Japan's fast fashion giant, Akai Tamaki, recently appointed senior vice president of the group, as CEO of UNIQLO Japan, is the third chief executive officer of UNIQLO Japan after the founder and President of CEO and CEO, and the first female in the history of UNIQLO. Akada Maki, 40, joined UNIQLO in 2001. He worked in UNIQLO store in Tokyo Ginza block, Shanghai, Japan and Niigata Prefecture, Japan. By the end of fiscal year 2018, the proportion of management women in fast selling group was 36%, which exceeded the 30% target set by the Japanese government in 2030.
10 Tencent will set up a global brand innovation and creative center with 25 enterprises such as LVMH.
According to the fashion business flash, Liu Shengyi, senior executive vice president of Tencent, group market and global brand chairman, revealed last week at the sixty-sixth Cannes International Creative Festival that Tencent will launch the global brand innovation and creative center in 2020 with 25 international companies, including Procter & Gamble, Unilever, LVMH and so on. Extended reading: China's market competition is heating up. How can luxury brands seek new growth points?
11DIOR 2020 summer men's wear series released in Paris
Last Friday, DIOR released the 2020 summer men's wear series at the Arabia World Research Institute, Paris. This season, DIOR menswear art director Kim Jones collaborates with us cross border artist Daniel Arsham, focusing on the past, present and future interlacing interaction, exploring the elastic dimension of future foresight and time. DIOR is also the first to cooperate with the German luxury luggage brand RIMOWA to launch exclusive exclusive series, including backpacks, hand luggage and handbags.
12 Lining two degrees in Paris show next year will usher in the establishment of brand 30th Anniversary
Lining, the domestic sports brand, released the 2020 spring summer series in Paris on Saturday, the second fashion issue in Paris after last June. The series draws inspiration from sports such as table tennis and combines Lining's brand DNA with the trend culture. Lining, the founder of the brand, and Li Qilin, executive director of the China CEO& Li Ning Co, watched the show together. It is reported that in 2020, the 30th anniversary of Lining's brand was founded. At the same time, this series is also a tribute to China's Lining for the upcoming thirty-second Summer Olympic Games.
13 Unilever CEO reminded brands not to make false marketing.
Alan Jope, the new chief executive of Unilever, told the sixty-sixth Cannes International Creative Festival that the brand should not make false promises and marketing on brand meaning in advertising. He believed that the field of brand meaning marketing had been polluted by some brands that made false promises but did not practice. He hoped that advertisers and agencies would be responsible for each other, and urged agents not to accept brand marketing projects without action, and said that the agency that had done such a meaningful marketing would not be allowed to do Unilever brand projects.
14 trembling UNIQLO first launched a global brand campaign
#UTPlayYourWorld launched in June 25th, and will invite users to share their favorite UT clothing, and share their creative, real and inspiring moments. UT is the UNIQLO special T-shirt project, which has been keeping up with the trend culture. The event will last until July 11th. The American, French and Japanese vibrators will have the chance to win the Grand Prix. The winning video will be broadcast in the UNIQLO store, and the winners will be announced from July 12th to July 19th.
The total number of 15 Mexico stores will increase to 180.
Since its opening in 2016, the MINISO has expanded rapidly in Mexico, and now it has been distributed in many provinces and cities. In 2018, the total number of stores has reached nearly 100. With the announcement of the global best agent summit, the number of stores in Mexico will increase to 180 this year. According to the data, the average daily sales of famous brand products in Mexico are as high as 6500 US dollars.
Source: fashion business Daily
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