Mango’s revenue in the first half of the year rose by nearly 25%
Spanish fast fashion Mango recently released performance data for the first half of this year. Its sales rose 24.8% year-on-year to 1.213 billion euros, mainly due to the strong growth in demand in the European and American markets. CEO Tony Ruiz said that the performance in the first half of this year is a sign that Mango has entered a new growth stage. It is expected that more than 124 million euros will be spent on technology, logistics and store upgrades throughout the year, three times that of the previous year. Mango had a total of 2,508 points of sale globally at the end of June, a net increase of 61 since December.
Hugo Boss’ second quarter revenue surged 34%
According to Fashion Business News, Hugo Boss’ sales in the second quarter rose by 34% year-on-year to 878 million euros, a 29% increase from the same period in 2019. It is the strongest quarterly performance of the group in history. Pre-profit recorded 100 million euros, well above the 42 million euros recorded in the same period last year. For the 2022 fiscal year, Hugo Boss expects sales to increase by 20% to 25% to a record 3.3 billion to 3.5 billion euros, and EBIT is expected to increase by 25% to 35% to between 285 million and 310 million euros between.
Dr. Martens announces profit forecast
Dr. Martens issued a statement before the annual general meeting on Thursday, saying that brand sales in the past three months continued the strong growth trend in the fourth quarter of last year, and wholesale orders continued to grow, exceeding the previously disclosed overall 85% of the annual level. The statement also revealed that all Dr. Martens third-party factories have resumed operations and shipments are steadily improving. In response to global inflation, the brand raised prices for its fall offerings in early July.
Peacebird issued profit warning, net profit in the first half of the year will shrink by 98%
Peacebird issued a profit warning. Affected by unfavorable factors such as repeated epidemics, the company’s retail performance in the first half of the year was not good, and retail sales declined year-on-year, resulting in a corresponding year-on-year decline in operating income and sales gross profit. It is estimated that the net profit in the first half of 2022 will be 133 million yuan About, compared with the same period last year, it is expected to decrease by 278 million yuan, a year-on-year decrease of about 68%, and the net profit after deducting non-recurring gains and losses will drop by 98% year-on-year to about 5 million yuan.
Semi Apparel is expected to drop by more than 86% in the first half of the year
Semir Apparel recently released a performance forecast for the first half of 2022. Affected by the epidemic, the company’s sales revenue during the reporting period fell by about 13% year-on-year, and the net profit attributable to shareholders of listed companies was about 90 million to 130 million yuan, compared with the previous year. The same period last year decreased by 80.46% to 86.47%. Semir Apparel stated that the decline in profitability is related to the increase in inventory, the corresponding increase in the loss of inventory decline, the supply chain, the increase in raw material costs and the increase in promotional efforts.
In the first half of the year, the profit of Ellassay will drop by nearly 75%
Ellassay released the 2022 semi-annual performance forecast on the evening of July 14. Affected by the epidemic and other factors, the company expects that the net profit attributable to shareholders of listed companies will be about 47 million yuan, a decrease of about 40 million yuan compared with the same period last year. 74.79%, but through new store development, online sales, community marketing and other measures, revenue is expected to achieve a growth of 5% to 10%. Ellassay’s brand matrix includes ELLASSAY, Laurel, Ed Hardy, IRO Paris and self-portrait, and has become an internationally competitive high-end fashion brand group.
Yuan Universe Zhiwu and painter Chen Danqing hold the first auction
The “Shallow-Chen Danqing Printmaking Auction Special Sale at Meta Universe Zhiwu for the First Time” hosted by Meta ZiWU, a subsidiary of Hypermedia Holdings Co., Ltd., will be officially launched on July 20. This is the first auction of Chen Danqing’s prints in Yuan Universe, including 6 pieces of Chen Danqing’s authorized and signed prints. The auction period is from July 21 to 24. This project is technically supported by Baidu Xiyang. It is another project cooperation between the two parties for the content of Metaverse after Hypermedia Holdings Co., Ltd. and BV Baidu Ventures jointly invested in the establishment of Yuanbang Technology Co., Ltd.
Burberry launches virtual handbag
Burberry recently announced that it will launch the Lola series of virtual handbags on the game platform Roblox. Adventurous and playful aesthetics. The virtual handbag is also equipped with exclusive “movements” such as levitation or dancing, and users can try it for free for a limited time. Rachel Waller, vice president of Burberry channel innovation, said that the move aims to make Lola handbags better touch consumers through new creative ways.
Lancome returns to the Indian market
Lancome, the high-end brand of L’Oreal, the world’s largest beauty group, recently announced that it will return to the Indian market and sell it in 17 Sephora stores in India to seize market opportunities. According to the forecast of the United Nations Department of Economic and Social Affairs, India is expected to surpass China and become the most populous country in the world by 2023. Currently, India has 1.4 billion residents and a growing middle class, making it a luxury and beauty industry that has attracted much attention. one of the markets.
Tommy Hilfiger returns to New York Fashion Week after three years
Tommy Hilfiger has announced that it will return to Fashion Week in September, and will hold its first offline fashion show in three years at 7 pm on September 11, and will also release a virtual fashion show on Roblox. Tommy Hilfiger said that the audience will be immersed in a brand new world online and offline. It’s worth noting that every single garment from the Tommy Hilfiger runway is available for purchase worldwide, as are the exclusive digital offerings on Roblox.
Hermes released a new limited edition lipstick
According to fashion business news, Hermès released a new satin lipstick series on its official website today. There are three colors, namely ROSE OASIS No. 43, CORAIL AUQA No. 52 and BEIGE EBLOUI No. 17, priced at 580 yuan. However, because the limited edition lip color is limited to the season, Hermès has not launched a replaceable lip core.
CLOT and Timberland launched the first joint series
Edison Chan’s trendy brand CLOT recently launched its first joint series with the American outdoor brand Timberland, including men’s and women’s shoes and a variety of clothing. CLOT specially designed Timberland’s three-hole hand-stitched sailing shoes inspired by the dragon in ancient Chinese myths and legends. Reinterpreted, all products are made of sustainable and environmentally friendly materials. CLOT x Timberland joint shoes and apparel will be available on July 20 at designated JUICE stores, JUICE STORE official website and JUICE ONLINE applet.
Yeezy 350 suspected price cut
Yeezy and adidas plan to conduct large-scale sales on August 1 and August 2, including the classic Yeezy 350. Surprisingly, the original price of 18The latest price of the 99-yuan Yeezy 350 on the adidas Tmall official flagship store is 1799 yuan, and the price of this series of shoes on the adidas official website is also displayed as 1799 yuan. As of now, neither adidas nor Yeezy has responded to this.
Saks released the latest research report on luxury shopping
Saks, a luxury e-commerce platform, released its latest report a few days ago, revealing consumers’ insights on consumption habits and lifestyle preferences in 2022. The report shows that consumers with higher incomes continue to buy luxury goods, while more and more consumers put health and wellness first. About 41% of the respondents said that compared with before the epidemic, they are now There is a greater emphasis on health, especially rest, relaxation, and nutrition.
Thom Browne opens its first retail store in France
New York fashion brand Thom Browne, in cooperation with EPI, a private membership club located in Saint-Tropez, France, will open its first retail store in France, selling a full line of ready-to-wear and accessories in a space covering an area of 500 square feet. and limited edition Thom Browne merchandise from the EPI brand. The store is Thom Browne’s first permanent store in France and its 78th retail store worldwide. Thom Browne expects to increase its global retail locations to 100 by the end of 2023.
Shein opens a pop-up store in Toronto
Cross-border fashion e-commerce giant Shein will open a pop-up store at Stackt Market, a container market in Toronto, Canada, from the 15th to the 17th of this month, displaying the brand’s summer series, covering fashion, beauty and lifestyle products, consumption After trying it on or trying it out on site, buyers can place an order on Shein’s official website and App, and enjoy special discounts and free gifts.
Fendi announces Xu Guanghan as brand ambassador
Fendi, a luxury brand under LVMH, recently announced star Xu Guanghan as the brand ambassador, and released the 2022 autumn and winter men’s series advertising blockbuster shot by him. As of now, Xu Guanghan has 8.37 million Weibo posts, and the number of related Weibo posts has exceeded 200,000.
The joint series of BURTON and Virgil Abloh veneers will be drawn next week
According to Fashion Business ExpressAccording to the news, the BURTON c/o Virgil Abloh™ series, which is a collaboration between the global snowboard brand BURTON and the late LV menswear creative director Virgil Abloh, will officially open the lottery at the BURTON flagship store and offline stores on Tmall on July 21. Boards, boots, bindings, etc. As the second joint collaboration with BURTON, Virgil Abloh has integrated its trendy attributes of “diversity” and “inclusiveness” and the spirit of infinite pursuit of creativity into the series of works.
Amazon Prime Day hits $6 billion in first-day sales
According to the Adobe Digital Economy Index, Amazon Prime Day’s sales on the first day reached US$6 billion or approximately 40.32 billion yuan, a year-on-year increase of 7.8%, making it the largest online shopping day in the United States so far in 2022. Amazon Prime Day kicks off on July 12 to make room for new products from the Christmas shopping season.
