Taiping Birds Earn A High Profit; Roberto Cavalli Will Go Bankrupt.

01 Taiping bird's profits surged 27% to 570 million yuan last year to a new high.

Taiping bird, a fashion retailer in China, disclosed its annual report in the evening of March 29th. Its operating income increased 7.78% to 7 billion 712 million yuan in 2018, and net profit increased 27.51% to 572 million yuan, a record high.

In 2018, Taiping bird adjusted the shop development center to the shopping center. The total number of shopping center stores exceeded 1700, and the net growth rate was 343 in 2018.

As of December 31, 2018, the total number of shops was 4594.

At present, the market concentration of men's and women's mid-range casual wear market is low, and the market competition is fierce.

Taiping bird focuses on the "20-30 year old Chinese fashion youth" core customer group, creates a subdivision and accurate brand matrix, embraces youth culture on the brand, promotes the brand promotion of "Taiping youth", and promotes brand tonal through the action of appearing in New York fashion week, attending YOHOOD exhibition, and holding women's wear show in Beijing.

It is worth noting that the Taiping bird accelerated the layout of children's clothing market. Since 2017, Mini Peace children's wear has grown rapidly. In 2018, the Mini Peace children's wear business income reached 864 million yuan, an increase of 21.85% over the same period, and the gross profit margin was 53%.

(extended reading: Why did the culture of the Pacific bird succeed?

02 Hai Lan's home profit approximated to 3 billion 500 million yuan in 2018.

Hai Lan House released its annual report in 2018 on the evening of March 29th. During the reporting period, the company achieved operating income of 19 billion 80 million yuan, an increase of 4.89% over the same period last year, and net profit rose 3.78% to 3 billion 450 million yuan.

According to the data, the official public number of Hai Lan's home opened in WeChat has exceeded 5 million, and the number of fans in the flagship store of Tmall and Jingdong has exceeded 6 million.

03 H&M first quarter sales hit bottom rebounded by 10% to $5 billion 490 million.

According to the fashion business bulletin, in the three months ended February 28th, the sales of H&M, a fast fashion giant in Sweden, increased by 4% to 51 billion kronor, or 5 billion 490 million US dollars. The fixed exchange rate rose 10%, while the profit dropped 41% to 803 million Swedish kronor about 86 million 550 thousand dollars.

In order to enhance its competitiveness, H&M group has gradually expanded its capital from store expansion to store renovation in recent months, and has invested heavily in technology to speed up delivery and improve the logistics system of its e-commerce provider.

04 Zara parent brand's official website visited 2 billion 900 million times last year, selling 9500 euros per minute.

Pablo Isla, chief executive of Inditex group, Spain's fast fashion Zara group, revealed at its earnings analysis conference that the group's official website visited 500 million times to 2 billion 900 million times last year, and recorded a record of 9500 euros per minute.

According to the financial data, last year, Inditex group's revenue in digital channels rose by 27% to 3 billion 200 million euros, accounting for 14% of the total revenue.

(extended reading: Zara's parent company has the worst performance in 5 years!

05 Michael Kors withdraw from Capri group board

After buying Jimmy Choo, Versace and other luxury brands, Capri group is becoming larger and larger. In order to expand its scale better, founder Michael Kors decided to withdraw from the board of directors of the group on Friday, no longer serves as a director of Capri group, but will continue to be responsible for the creative work of Michael brand Kors of the same brand.

Capri CEO John Idol said in a statement that the board will continue to focus on the operation and expansion of the three brands, and Michael Kors is still the largest and most profitable brand in the group.

(extended reading: after buying Jimmy Choo and Versace, Capri group aims at the $8 billion club).

06 Valentino Mayhoola, the parent company, is reconsidering its investment strategy or withdrawing from the luxury sector.

According to the women's Wear Daily quoted sources, all investment funds Mayhoola of the Qatari royal family are reconsidering the investment and positioning of the group in the fashion industry after parting with the British handbag brand Anya Hindmarch, wandering away from the two choices of the fashion industry and further increasing investment. Last year, there was news that Mayhoola was negotiating with Kai Yun group or selling Valentino.

07 Roberto Cavalli bankruptcy reorganization

The board of directors of Italy designer brand Roberto Cavalli revealed on Friday that it has decided to submit a reorganization plan to Milan court to ensure that the brand can continue to operate. The group is still discussing with shareholders and potential investors, trying to introduce new funds to overcome the current financial difficulties.

According to sources, Roberto Cavalli, the US company, has filed for bankruptcy and has stopped all businesses. It is expected that stores will close and shut down from Saturday.

08 the cost of restructuring Calvin Klein or up to US $240 million is 2 times as expected.

Calvin Klein parent group PVH group recently estimated that the cost of the brand restructuring plan could be as high as 240 million US dollars, higher than the previous estimate of US $120 million.

In addition to the $60 million to $70 million investment in the 205W39NYC series, the group's return to Calvin Klein Jeans is lower than expected.

At present, PVH has allocated about $65 million 700 thousand for personnel changes, and $55 million for long-term asset impairment, such as closing Madison street stores.

(extended reading: CK's parent company was close to $10 billion last year and is still looking for a replacement for Raf Simons).

09 Gucci parent company opens a new headquarters in Milan

To emphasize the importance of the Italy market, Kai Yun group has set up a new headquarters of 118 thousand square feet in Milan, covering 9 floors, including financial, internal audit, human resources and e-commerce.

Jean-Fran oisPalus, managing director of the group, said that Italy is the origin of the core brands such as Gucci and Bottega Veneta. The manufacturing and management culture of Italy has also had a great impact on the group in the past 20 years. Therefore, opening a new headquarters in Milan has a milestone in the group.

(extended reading: the number one luxury brand will give way? Gucci's revenue last year exceeded 8 billion euros for the first time).

10 China became the ninety-sixth Pitti Uomo men's wear exhibition special guest country

According to the fashion business express, the ninety-sixth Florence men's wear week Pitti Immagine Uomo is to be held in June this year. China was invited to become the Guest Nation guest nation for the first time and has become the largest guest nation project to date.

The project was jointly presented by the Fondazione Pitti Immagine Discovery excavation foundation jointly with the Shanghai fashion week. It was jointly launched by Alibaba's Tmall and the famous pioneer art festival and independent designer development platform Labelhood and international brand consultancy V/Collective.

11 Chinese designers and brands will be screened in Florence, Italy, including Labelhood, 8ON8, DANSHAN, FFIXXED STUDIOS, JUNWEI LIN, PERCY LAU, PRIVATE POLICY, POLICY, PERCY, LAU, PRIVATE, POLICY and STUDIOS.

11 Chanel capsule series with Pharrell Williams released or entered the men's wear market.

Chanel and the long-term brand ambassador Pharrell Williams jointly launched the men's capsule series was released last week in South Korea. It is worth noting that Chanel has never introduced men's clothing products before. It has been analyzed that the rapid development of men's wear market may be a signal for Chanel into the men's wear market.

According to L2 Inc, the growth rate of men's clothing sales has exceeded the growth rate of women's clothing sales since 2009. According to the data of European Union information consulting firm, men's wear sales are expected to exceed women's clothing sales in the next six years.

12 Ralph Lauren appointed Alexandre Choueiri as perfume global president

According to foreign media, L'OREAL Alexandre Choueiri, the chief executive of L'OREAL Ralph, has been promoted to the global president of Ralph Lauren perfume business, and has been formally appointed to the Guillaume de Lesquen report of the world's chief executive of brand perfume.

Alexandre Choueiri worked in Lancome, Helena Rubinstein and Kiehl 's.

Insiders estimate that Ralph Lauren perfume business is about $250 million.

Alexandre Choueiri said in an interview that it plans to expand its brand presence in Asia, especially in China.

13 the joint series of UNIQLO and Alexander Wang will be on sale soon.

Following the joint venture last November, UNIQLO and Alexander Wang new cooperation series will be launched in April 11th.

This series mainly uses AIRism, a breathable fabric developed by UNIQLO, to emphasize the comfort of wearing. The colors are mainly white, black and soft pink and blue. The products include men's clothing and underwear.

The last cooperation series used UNIQLO classic Heattech fabric, priced between 15 and 35 dollars, with a basic fund.

14 Ssense and Off-White co launch capsule series

Canadian luxury clothing retailer Ssense launched a women's fitness capsule series with Off-White last Friday.

The series is designed by Virgil Abloh, which includes 11 products including tight pants and sports bra. The price ranges from $330 to $845.

Ssense was founded in 2003. It has business in 114 countries around the world, with an average monthly page view of 53 million. The products are dominated by street fashion brands.

15 French Connection will reintroduce the FCUK series at Urban Outfitters

The classic FCUK series of British fashion brand French Connection will be re launched in the exclusive capsule series of leather brand and Urban Outfitters. The products will be released today in the designated Urban Outfitters North American stores and urbanoutfitters official website, including FCUK logo T-shirts, vests, round neck and hooded sweaters, as well as women's and men's jeans, and so on. There are 12 styles, ranging from 39 US $129 to $129.

16 YOHO! Join hands with Shenzhen fashion brand ROARINGWILD to enter Shanghai fashion week.

YOHO! Yesterday with the original trend brand ROARINGWILD from Shenzhen, the 2019 autumn winter Shanghai fashion week.

ROARINGWILD this season with "Urban Hotbox" as the theme of the show, while displaying the 2019 autumn and winter products, it also showed a distorted and exaggerated urban new state to the audience, and encouraged the young generation to think independently of the brand core spirit through clothing as a carrier.

At the same time, ROARINGWILD also joined YOHO! Using the idea of "show is selling", sold products in the YOHO and its flagship store under the YOHO! BUY.