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Luxury Group Annual Report Remy Martin Group Worst

2014/3/2 18:23:00 56

Luxury GoodsAnnual ReportRemy Martin

< p > the past 2013 has been regarded as the winter of < a href= "//www.sjfzxm.com/news/index_c.asp" > luxury goods < /a > but in black and white it shows that the situation is not quite the same.

What is even more surprising is that the Chinese market still plays the role of locomotive.

< /p >


< p > < strong > magnate still flourishing < /strong > < /p >.


< p > in the annual reports or trailers that have been released, we are familiar with the big brands and large groups almost every family is happy: < /p >


< p > the world's largest luxury group LVMH2013 sales of 29 billion 100 million euros, an increase of 4% over the same period, organic growth (by constant exchange rate and comparable company structure) reached 8%, group net profit of 3 billion 436 million euros, and 2012 basically unchanged.

This achievement also benefits their major shareholder, Christian Dior group.

The fashion department of Dior itself was also very strong. In 2013, it achieved sales of 1 billion 417 million euros, an increase of 14% over the previous year, an organic increase of 18%, and a profit of 165 million euros, an increase of 26%.

< /p >


< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Herm s s < /a > in 2013, sales amounted to 3 billion 755 million euros, up 7.8% over the same period last year, excluding the impact of exchange rate fluctuations, led by the depreciation of the Japanese yen, and organic growth reached 13%.

Prada, which listed in Hongkong, was 3 billion 586 million euros in 2013, an increase of 9% and an organic growth of 13%.

In 2013, Hugo Boss sales increased by 2 billion 400 million euros, an increase of 4%, an organic growth of 6%, a profit of 565 million euros, an increase of 7%.

< /p >


< p > < strong > China holds the scene < /strong > /p >


< p > despite the economic downturn and policy implications in 2013, the Chinese market is still huge.

< /p >


< p > take Herm s s as an example. The highest growth rate in 2013 is Asia, led by China (except Japan), with sales growth of 16%, the highest in all regions (14% in the US, 7% in Japan, and 12% in Europe).

Their briefings also specifically targeted stores in Ningbo and Hangzhou.

< /p >


The contribution of Greater China is also the most prominent in the accounts of P > Prada: Sales of 826 million euros, growth rate of 15%.

In addition, the Chinese market has become a pillar of some groups. Tods's performance in 2013 is not good, with sales of 967 million 500 thousand euros, a slight increase of 0.5%, and organic growth of only 1.7%.

< /p >


< p > diamond giant De Beers is enjoying the same happiness.

Their sales in 2013 were 6 billion 400 million US dollars, up 5% over the same period last year, and net profit was slightly higher than US $1 billion, a 112% increase compared with the same period last year.

Although China's market has slowed down, it has joined hands with India to become the highest growth area in the world.

< /p >


< p > < strong > < a > href= > //www.sjfzxm.com/news/index_c.asp > > Remy Martin < /a > worst > /strong > /p >


The impact of the P market is not always positive. The liquor giant R my Cointreau Remy Martin group is encountering a rare turbulence because of the changing market in China.

< /p >


< p > despite the fact that the 2013 annual performance has not yet been released, their latest quarterly report (2013 10-12) shows that Cognac sales, which contributed 80% of the group's profits, dropped by 32%, mainly due to the accelerated decline in the Chinese market due to anti-corruption.

< /p >


< p > somewhat similar to those of the watch giant Richemont.

The group's recent 2013/2014 fiscal year third quarter performance bulletin showed that sales increased by 3% (organic growth 9%) from October 1, 2013 to December 31st, and "all regions have achieved satisfactory growth".

Sales in mainland China fell only year-on-year.

< /p >


< p > < strong > medium and low grade strategy < /strong > < /p >


P, the old rival of Switzerland, and Swatch group of Switzerland, have enjoyed a good life.

< /p >


< p > at the beginning of this month, they released the main financial data in 2013: net annual sales of 8 billion 456 million Swiss francs, an increase of 8.5%; net profit of 1 billion 928 million Swiss francs, an increase of 20.2%.

The analysis points out that the group's success lies in its possession of 20 brands of high school and low grade, both with high-end watches like millions of dollars sold at Baoji and thousands of Yuan's Tissot, which makes them more leeway in the market.

In 2013, the group's clocks and jewellery business increased by 10% over the same period last year, while the total export volume of the Swiss watch industry in 2013 increased by only 1.8% over the 1-11 month period, indicating that the market share of the group increased.

< /p >

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