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Reading Fast Fashion To See The Market Of Clothing Brands, Department Stores And Fashion Electric Providers.

2016/1/5 21:08:00 66

Fast FashionClothing BrandDepartment StoreFashion Business

US apparel brand Calvin Klein and Tommy Hilfiger's parent company PVH Corp third net profit fell 1.7% to 221 million 900 thousand dollars, earnings per share of about 2.67 U.S. dollars, net profit of 225 million 700 thousand U.S. dollars last year, earnings per share of about 2.71 U.S. dollars, total revenue fell from 3% last year to 3% U.S. dollars 2 billion 160 million dollars.

Its brand, including Vans, North Face and Timberland, VF Corp, declined by 2.3% to $459 million 900 thousand in October 3rd compared with last year, compared with last year's profit of 470 million 500 thousand US dollars, and earnings per share declined from 1.08 US dollars last year to 1.07 US dollars.

Total revenue last year was $3 billion 520 million, an increase of 2.6% US $3 billion 610 million over the same period this year, of which net sales revenue rose 2.8%, from 3 billion 490 million US dollars to 3 billion 580 million US dollars.

Vitoria's Victoria's Secret, Bath & Body Works and other chain stores L Brands group's third quarter net profit rose 24.4% to 164 million US dollars from last year's US $131 million 800 thousand, and earnings per share increased from US $0.44 to US $0.55.

Sales rose 7% to $2 billion 480 million from $2 billion 320 million in the same period last year.

In order to maintain fast growth performance, the fast fashion mode is being verified as a successful mode of fashion industry. Earlier, Vitoria's Secret told analysts that the brand is following ZARA to speed up its design and delivery process.

The latest third quarter earnings report of J. Crew group, the fast fashion group, showed that the loss in the third quarter continued to expand due to the new increase in impairment charges and the double digit decline in key brand store sales, which expanded from $607 million 800 thousand in the same period last year to $759 million 700 thousand.

Total revenue fell 6% to $619 million 400 thousand, compared with a year-on-year decline of 11%.

Detailed report: fast fashion competition, J. Crew said it will abandon high priced fashion business.

Us teenage clothing retailer American Eagle Outfitters, third, earned $74 million 100 thousand in the fiscal season, and the company's current operating income was $919 million 100 thousand.

Mei Fei has recently appointed a new CEO executive from the Group Chairman Jay L. Schottenstein.

Since January 2014, Jay L. Schottenstein has served as temporary CEO of American Eagle and served as CEO of the group from March 1992 to December 2002.

The US apparel company GUESS's third quarter profit dropped to $12 million 400 thousand, and its earnings per share fell to 15 cents. The exchange rate was 13 cents per share, which was larger than the same period last year. The total profit in the third quarter of last year reached 20 million 800 thousand US dollars, with a profit of 24 cents per share.

The company's current operating income is $521 million.

Although profits fell in the third quarter, earnings per share were still higher than analysts' earnings of 11 cents per share, and share prices rose 3.8% to 20.29 dollars in after hours trading.

Extended reading: GUESS group global CEO: the most important thing for fashion retailing is product.

In the first nine months of September 30th, Yoox Net-a-porter rose 32.2% to 1 billion 200 million euros, compared with 894 million 100 thousand euros in the same period last year.

On the basis of constant exchange rate, turnover increased by 21.5%.

After the adjustment of interest tax, net profit increased by 50.4% to 32 million 400 thousand euros, compared with the same period last year, the value was 21 million 500 thousand euros.

The group controls 50% of the Yoox Net-a-Porter group's listed parent company, and it expects to make about 317 million euros from the merger of Yoox.

The new company is expected to launch a capital increase of up to 200 million euros to cope with the future growth of the fund and allow strategic investors to enter.

Its Deckers Outdoor, which owns many outdoor and leisure brands such as Teva, Sanuk, UGG and so on, rose 5.4% to 506 million 200 thousand US dollars in the second quarter, higher than analysts' expected $487 million, but group profits fell 3% to 36 million 300 thousand US dollars. Analysts said that Deckers and its brand UGG were in the bottleneck of development as well as Crocs, and their position in the fashion industry began to weaken gradually, and was considered to be an outdated product.

Zara's parent company, Europe's largest apparel retailer Inditex, increased its net profit by 20% in the 9 months ended October 31st.

Sales increased by 16% to 14 billion 740 million euros in 9 months, while the net profit was 2 billion 20 million euros, compared with 1 billion 690 million euros a year ago.

In the first three quarters of this year, the group opened 230 branches, which is consistent with the number of new stores opened in the same period in 2014.

At present, Inditex has 6913 branches in the world, and the group says it will give 10% of its profits to employees who have been in the company for more than two years.

Swedish apparel retailer H&M (Hennes & Mauritz AB) said that because of the strong dollar exchange rate, the company's earnings growth in the third quarter of this year has been affected.

In the third quarter ending August 31st this year, H&M sales (including VAT) increased from 38 billion 810 million Swedish kronor to 46 billion 20 million kronor in the same period last year.

Net profit increased from 5 billion 300 million Krona in the same period of last year to 5 billion 310 million Krone (about $630 million 800 thousand), and H&M plans to open 240 new entity stores around the world in the fourth quarter of this year.

Fast Retailing announced its 2014 financial year (September 2014 -2015 August) earnings, net profit increased by 47.6% over the previous fiscal year, reaching 110 billion yen, hitting a new high.

Sales amounted to 16817 billion yen, an increase of 21.6%.

As China and South Korea and other regions continued to grow in performance

Overseas business

Sales increased by 45.9%, pushing up the overall performance of the group.

The US fast fashion Gap group released its third quarter report. Net profit fell to 248 million US dollars, or 29.3%, in the first three months of October 31st compared with 351 million US dollars in the same period last year.

Net sales fell to 2.9% from 3 billion 970 million US dollars in the same period last year to 3 billion 860 million US dollars.

On the basis of comparable store turnover, Gap's global turnover dropped by 4%, Banana Republic's global turnover fell by 12%, and Old Navy's global turnover increased by 4%.

Detailed report: Gap is outdated? The performance of Cape Group continued to slump, the third quarter profit fell 30%

Garment retailer Ascena Retail Group fourth lost profits in the fiscal season because its Lane Bryant brand suffered a significant cost reduction.

In the quarter ended July 25th, Ascena Retail's revenue was $1 billion 170 million, down 1.1% from the same period last year.

Net loss was $323 million 400 thousand, and net profit for the same period last year was US $15 million 700 thousand.

US apparel retailer Abercrombie & Fitch Co. third doubled its financial quarterly profits, thanks mainly to its efforts to revitalize the brand and reduce the sales of large discounts.

In the financial quarter as of October 31st, Abercrombie & Fitch earned $42 million 300 thousand, much higher than the US $18 million 200 thousand in the same period last year.

However, the company's sales fell by 4% to $878 million 600 thousand in the same quarter, but the impact of exchange rate was eliminated, and the sales volume of the company was basically the same as that of the same period last year.

Since January 2014, A&F has been changing, and investors are seeking better corporate governance. The former CEO Michael Jeffries left last year and was replaced by Arthur Martinez.

Earlier this year, A&F also announced the abandonment of naked men.

Marketing strategy

Esprit Esprit Holdings Limited announced its revenue in the first quarter ending September 30th, and its revenue fell by 0.4% to HK $2 billion 120 million, or 273 million 530 thousand US dollars, in the first quarter.

The company said a decline of 0.4% was a positive performance with a range of + 7.6%.

Esprit is in the stage of restructuring the company, and has closed many shops and discount stores to better focus on wholesale business.

Us department store Target company's third quarter profit surged 59% to 549 million US dollars, earning 87 cents per share. As of October 31st, Target's third quarter sales rose 2.1% to 17 billion 600 million dollars, while same store sales increased 1.9%.

Electricity supplier sales increased by 20%, the highest growth rate in the industry, but still below the expected 30% growth forecast, resulting in the stock price fell 5.1% to 69.19 dollars on the New York stock exchange.

Pre tax profits amounted to US $962 million, an increase of 5% over the same period last year.

The company's gross profit margin reached 29.4% in the third quarter, down 0.1% from the same period last year.

In the first quarter of October 31st, the US luxury chain high-end department store Neiman Marcus fell 1.8% to 1 billion 160 million US dollars from last year's 1 billion 190 million US dollars, while same store sales fell 5.6%.

The net loss in the quarter was $10 million 500 thousand, compared with a net profit of $196 thousand in the same period last year.

By the three quarter of 2015, e-commerce accounts for 25.8% of total sales of Neiman Marcus, including mobile phone consumption.

By the end of 2014, 23.9% of purchases were from e-commerce.

American Apparel Brand

Urban Outfitters

In the three months ending October 31st, the company's net profit rose 10.3% to 52 million US dollars from last year's US $47 million 100 thousand.

The total revenue of the group increased by 1.3% to 825 million 300 thousand US dollars, 814 million 500 thousand US dollars in the same period last year and 1% in the same store.

As of October 31st this year, Urban Outfitters has 240 Urban Outfitters stores, 214 Anthropologie shops and 112 Free People shops in the world, of which Free People has 1600 wholesale stores and department stores.

American jeans group Levi 's third quarter net profit increased 15% to 58 million US dollars, adjusted pre tax income rose 8% to 128 million US dollars from 119 million US dollars a year last year. Currency exchange rate has once again become one of the main problems affecting performance. Sales fell 1% to 1 billion 140 million US dollars from last year's 1 billion 150 million US dollars, and sales increased by 7% at constant exchange rate.

Levi s said the cowboy trend is undergoing a revival in the third quarter, and net profit has skyrocketed by 15%.

Kate Spade & Co. for the first three months ended October 3rd, net profit was US $2 million 300 thousand and diluted earnings per share were 2 cents, compared with a net loss of 9 million 100 thousand US dollars in the same period last year and a diluted share of 7 cents.

However, the group's net turnover was not up to expectations, rising from $250 million 400 thousand last year to US $277 million 300 thousand, an increase of 10.7%, and Wall Street expected an adjusted turnover of US $280 million earlier.

In the six months ending August 31st, Hongkong's apparel group I.T lost a net loss of HK $31 million (about US $4 million) in the first half of this year, and its total turnover increased by 5.1% to HK $3 billion 390 million (about 427 million 410 thousand US dollars). But compared with the same period last year, the Group recorded HK $49 million 400 thousand (about US $6 million 370 thousand) profit.

The company pointed out that, especially in the Hongkong market, the sales environment is still challenging, with weak consumption intention and high operating costs.


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Zheng Yonggang, Chairman Of The Board Of Directors Of Shanshan Holding Co., Ltd.

The key to enterprise pformation and upgrading is innovation. Quite simply, this is a regular thing. It is impossible for corrupt elements to catch up; it is impossible for enterprises to upgrade and pform without innovation. So I can still sit here, from the factory director in 1985, and still sit here, then I am sure my whole life is innovative.