The winners and losers of the worldwide vogue business final week
In keeping with the monitoring of Vogue Enterprise Information, Kappa father or mother firm China Dongxiang turned the most important winner within the vogue business final week. The inventory worth rose by practically 19% and the market worth was about 1.7 billion Hong Kong {dollars}; the inventory worth of Esprit father or mother firm Esprit World rose by practically 15%. About 2.2 billion Hong Kong {dollars}; Hole’s share worth has risen by 11%, and its market worth is about 5 billion US {dollars}; Crocs’ inventory worth has risen by practically 9%, its market worth is about 6.3 billion US {dollars}; Macy’s inventory worth has risen by 6%, its market worth is about 6 billion Greenback.
The largest loser is Farfetch, whose share worth has fallen by practically 21%, and its market worth is about 3.1 billion US {dollars}; the inventory worth of On Angpao has fallen by 13.5%, and its market worth is about 5.3 billion US {dollars}; the inventory worth of Champion’s father or mother firm has fallen by 12%, and its market worth is about 2.4 billion U.S. {dollars}; Wangfujing’s inventory worth has fallen by 9%, and its market worth is about 28.1 billion yuan; on Saturday, its inventory worth has fallen by practically 8%, and its market worth is about 13.6 billion yuan.
The efficiency of luxurious giants is secure. The inventory worth of LVMH, the world’s largest luxurious items group, has fallen by 0.5%, with a market worth of about 353.5 billion euros; It rose 1.5%, with a market worth of 155.8 billion euros; the share worth of Cartier’s father or mother firm, Richemont Group, rose 0.4% in whole, with a market worth of 60.9 billion Swiss francs.
LV’s promoting blockbuster for Messi and Ronaldo attracts consideration
In keeping with vogue enterprise information, Louis Vuitton launched a sequence of promoting campaigns that includes soccer stars on the day earlier than the opening of the World Cup, one in every of which reveals Messi and Ronaldo taking part in chess on the Louis Vuitton chessboard, with the textual content “Victory is a way of thinking”.
It’s value noting that Messi and Ronaldo are seven and 5 World Cup Golden Globe winners respectively. They’re additionally long-term opponents and belong to 2 totally different sponsors. The joint look has attracted widespread consideration and has been referred to as one of many biggest pictures of all time. Associated posts have obtained practically 4.69 million likes and greater than 24,000 feedback.
LV turns into essentially the most beneficial model in France
Model Finance, a British model analysis company, launched the “2022 Prime 150 French Model Worth” checklist. The model worth of Louis Vuitton rose by 60%, rising from the earlier fifth place to the primary place. ChanelThe model worth of Hermes and Hermes additionally recorded a 17% improve, rating fourth and sixth respectively, whereas Cartier’s rating slipped to eighth, with solely a 4% improve in model worth.
Nike Chief Range Officer resigns
American sports activities large Nike lately introduced that Chief Range, Equality and Inclusion Officer Jarvis Sam has resigned, turning into the third Chief Range, Equality and Inclusion Officer to depart Nike lately. In July of this yr, Felicia Mayo introduced her resignation after working on this place for greater than two years, and her predecessor Kellie Leonard additionally labored on this place for greater than two years earlier than leaving, and has labored for Nike for greater than 18 years.
The transaction worth of Sogo Division Retailer acquired by Softbank’s funds might exceed 10 billion
Japanese retail large Seven and Yi Holdings introduced that it has reached an settlement with Fortress Funding, an funding fund beneath Softbank Group, the latter will purchase its division retailer Sogo & Seibu Seibu・Sogo Division Retailer, however Seven and Yi will retain Seibu Sogo Division Retailer The life-style retailer Loft is predicted to shut within the first quarter of 2023. Evaluation estimates that the transaction worth could also be 200 billion yen or about 10.1 billion yuan.
Tom Ford is value greater than $2 billion
In keeping with Forbes estimates, after the 61-year-old designer Tom Ford lately bought his namesake model to the Estee Lauder Group for US$2.8 billion, he’ll obtain about US$1.1 billion in money from the transaction. Internet belongings have exceeded 2 billion US {dollars}, formally becoming a member of the ranks of billionaires. In keeping with a 2013 disclosure doc, Tom Ford owns 64 p.c of its namesake model.
Adidas Appoints Estee Lauder Government as Director of New Retail
Adidas, a German sports activities model, lately introduced that Andrea Dorigo would be the senior vp and head of retail. Andrea Dorigo has intensive retail expertise. He’s at the moment the worldwide retail and business director of Estee Lauder Group North America. He additionally served because the CEO of Pirch and earlier than that was the president of Oakley, a subsidiary of Luxottica.
Galeries Lafayette enters the Indian market
Galleries Lafayette lately introduced a partnership with Indian group Aditya Birla to formally lay out the Indian market. It plans to open two shops in Mumbai and New Delhi in 2024 and 2025, and also will launch a devoted official web site. Galeries Lafayette at the moment has 57 shops in France and has entered markets similar to Berlin, Beijing, Jakarta, Dubai, Doha, Shanghai and Luxembourg. It’s anticipated to open three extra shops in China in 2023 to speed up globalization.
Sasa Worldwide misplaced greater than HK$130 million within the first half of its fiscal yr
Within the six months ended September 30, Sasa Worldwide’s turnover fell by 2.9% year-on-year to HK$1.55 billion, and its web loss narrowed by 26.7% to HK$133 million. Sa Sa Worldwide mentioned that the discount within the variety of vacationers through the interval had a sure influence on the enterprise, particularly the same-store gross sales in mainland China recorded a double-digit decline. As of final Friday’s shut, Sasa Worldwide’s share worth fell 4.59% to HK$1.04, with a market worth of roughly HK$3.2 billion.
Uniqlo’s father or mother firm will improve transparency and can announce the material manufacturing place of every product
Quick Retailing Group, the father or mother firm of Uniqlo, will publish the availability chain info of every product on its official web site from 2023. Different provide chain info similar to uncooked supplies can be screened on the premise of contemplating whether or not shoppers want it, and can be successively earlier than 2025. Announcement. The group additionally revealed that amongst all supplies in 2022, recycled environmentally pleasant supplies will account for about 5%, and recycled supplies in polyester supplies will account for about 16%.
Ye will launch a brand new Yeezy
Kanye West, who modified his identify to Ye, revealed on Instagram that his new model Donda Yeezy can be launched quickly. The president of Donda Sports activities additionally launched a screenshot of Ye’s group chat for the brand new model to begin planning to verify the partnership. Since September 2, Ye’s firm, Mascotte Holdings, has additionally registered quite a few logos similar to Donda Sports activities, Dove Sports activities and Donda Doves, overlaying baggage, clothes, sports activities tools, sports activities companies, and so on.
Atelier Cologne will give attention to the Asia-Pacific market the place China is positioned
After withdrawing from the North American market, Atelier Cologne, a high-end fragrance model beneath the L’Oreal Group, launched a brand new rebranding technique, expressing that it’ll give attention to the Asia-Pacific market within the brief to medium time period. Advertising DirectorPhilippinesLesieur revealed that Atelier Cologne has made nice progress in Asia lately, particularly in China, and the model at the moment has about 20 gross sales factors in Asia. A earlier report predicted that by 2025, China will change into the world’s second largest high-end fragrance market after the USA.
Burberry x Xbox co-branded sport console launched
British luxurious model Burberry, Xbox and “Minecraft” have launched a tripartite joint identify a couple of days in the past. The joint identify is especially based mostly on XBOX Collection sport consoles, combining Burberry’s iconic stripes and hues with the pixel fashion of “Minecraft” Mixed, restricted to 50 models, shoppers can go to Burberry official web site on November 21 to finish registration to attract {qualifications}.
Stone Island x New Stability New Soccer Joint Collection Formally Launched
The joint sequence of Stone Island and New Stability was formally launched a couple of days in the past. The promoting blockbuster was carried out by Chelsea Soccer Membership and England nationwide group ahead Raheem Sterling. The trousers and T-shirts on this sequence are fabricated from 100% recycled polyester fiber, and there are Stone Island silicone badges and New Stability logos on the entrance. It is going to be on sale on New Stability official web site and designated shops on November twenty fifth.
Hiroshi Fujiwara creates a way of life idea area at Amanyangyun Resort in Shanghai
The brand new way of life idea area created by Hiroshi Fujiwara was formally unveiled on the Aman Yangyun Resort in Shanghai a couple of days in the past. The theme is “Peace Piece by Fragment Design”, which is a part of his “PEACE PIECE Journey”. The PEACE PIECE theme sequence restricted merchandise can be displayed within the area, and many of the designated merchandise might be taken away on the finish of the journey. This restricted themed room can be out there for on-line ordering on the notitleltd official applet from November 18th.
