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    The Situation Of Weak Performance Of Victoria'S Parent Company

    2015/7/12 14:05:00 12

    Vitoria'S SecretParent CompanyWeak Performance

    As a result of 3% sales in June

    Same store sales

    The increase is less than the first quarter of May and the 5% increase in May, which is also lower than that expected by Thomson Reuters.

    LBrandsInc.'s share price dropped nearly 2% on Thursday.

    Deadline for dispatch was 11:11AM at US $84.42, or 1.83%.

    U.S. stock market before the United States

    Underwear brand

    Victoria 'sSecret Vitoria's Secret parent company LBrandsInc. (NYSE:LB) released its sales figures for June. In the first 5 weeks, the company's sales grew by 3% to 1 billion 207 million dollars, while the same store sales increased by 3%.

    The first 22 weeks

    LBrandsInc.

    Total income was recorded at $4 billion 518 million, an increase of about 4% over the same period last year of $4 billion 331 million.

    Related links:

    Asia's largest clothing retailer, Fast Retailing Co.Ltd. (9983.T) XXX group, released its three quarter earnings in fiscal year 2015, expressed concern about the sale performance of the flagship brand Uniqlo UNIQLO in the fourth quarter of the fourth quarter in the Japanese domestic market, and the expansion of the US business losses that the brand had not been able to reach the pre maturity level, which all contributed to the fourth quarter performance.

    In the Japanese domestic market, Uniqlo UNIQLO's three quarter revenue recorded a 12.1% growth of 183 billion 600 million yen under the promotion of skirt trousers and AIRism underwear series, operating profit of 24 billion 300 million yen, an increase of 11.2% per year, 12.1% to 638 billion 100 million yen in the first nine months, and 21.6% to 113 billion 700 million yen in operating profit.

    In the first nine months of May 31st, the sales growth of Uniqlo UNIQLO Japan same store was 8.8%, but the cold weather in June led to a 11.7% drop in same store sales, the biggest decline since October 2013. However, the group still maintained a target of 5.5% growth in the whole year.

    However, the group still maintained its full year target in April this year, that is, the net profit of 120 billion yen (US $988 million) in the 2015 fiscal year ended August 30, 2015, which is far less than the median 130 billion yen expected by Bloomberg composite analysts, which was expected to be 100 billion yen. The operating profit was 200 billion yen (US $1 billion 700 million), which was expected to be 180 billion yen. The expected revenue will reach 1 trillion and 650 billion yen, which was expected to be 1 trillion and 600 billion yen.

    TakeshiOkazaki, chief financial officer of FastRetailingCo.Ltd. fast marketing group, also downplayed the influence of investors on China's stock market turbulence, possibly to Uniqlo UNIQLO's China business, and said that the brand's China's fierce expansion strategy remained unchanged.

    As of May 31st, 442 of the 767 overseas stores in Uniqlo UNIQLO were located in the Greater China region.

    The Greater China region is also looking forward to continuing to lead the Uniqlo overseas business with the South Korean market. The 2015 quarter fiscal year three quarter revenue rose 42.5% to 136 billion 500 million yen, operating profit rose 25.2% to 9 billion yen; the first nine months of revenue were 481 billion 800 million yen, an annual increase of 47%, operating profit increased 55% to 51 billion 900 million yen, higher than group expectations.

    But European operating profit declined in the three quarter, the first nine months, European revenue and operating profit recorded growth, but the United States increased sales because of a continuing downturn in sales promotion, leading to a year-on-year expansion of operating losses.

    Southeast Asia grew less than expected, and Australian business reached the target.

    As for the global brand business of FastRetailingCo.Ltd. XXX group, driven by the continued strong promotion of low price GU brand, the three quarter revenue and operating profit of the global brand increased by 22.3% and 66.1% to 77 billion 700 million yen and 8 billion yen respectively, and two data in the first nine months also increased 19.6% and 37.8%, increasing to 225 billion 900 million yen and 19 billion 700 million yen.

    However, the high-end brands Theory and JBrand continue to be weak, the former profits shrink, the latter still loses money.

    French dress brands Comptoirdes Cotonniers and Princesstam.tam are on average.

    The total revenue of Fast Retailing Co.Ltd. XXX group in the three quarter was 398 billion 400 million yen, up 23.1% from the same period last year, operating profit rose 20% to 39 billion 100 million yen (323 million US dollars), net profit rose 36.2% to 27 billion 600 million yen, and the total revenue in the first nine months was up to 30 billion yen, up from 10880 billion yen in the same period last year, operating profit rose to Japan yen, and net profit rose to Yen Yen.

    Investors looked forward to the FastRetailingCo.Ltd. (9983.T) XXX group's three quarter results after today's Japanese stock market closed. The stock rose 4.13% to 57460 yen, or the highest in the past nine months, making its cumulative growth to 30% in 2015.


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