Global Luxury, Clothing And Retail Business Three Quarter Earnings Summary

(LVMH) quarterly results were released, while US and European income growth was offset by a slump in Asia, which increased revenue by only 5.7% to 7 billion 390 million euros.

In the first nine months ended September 30, 2014, LVMH's total revenue was 21 billion 397 million euros, an increase of 4% from 20 billion 622 million euros a year earlier; the income of leather goods department with luxury brands Louis Vuitton and Fendi increased from 7 billion 139 million euros a year earlier to 7 billion 677 million euros; the wine and spirits sector income fell from 2 billion 625 million euros in the same period last year to 2 billion 625 million euros; the clocks and jewellery sector revenue increased from 1 billion 930 million euros in the same period last year to 1 billion 972 million euros; the perfume and beauty department revenue grew to 5% euros.

LVMH group's holding company, Christian Dior SA, announced its first quarter results in fiscal year 2015, showing its downward pressure on the luxury goods industry, which is currently under the pressure of Christian.

In the first quarter of September 30, 2014, Dior group revenue grew 6.1% to 7 billion 799 million euros, up 7 billion 352 million euros in the same period last year, with an organic growth rate of 4%.

Excluding LVMH group's revenue, Dior brand recorded a 417 million euro income in the first quarter, an increase of 13.3% over the same period of 368 million euros.

(Richemont) issued a report. As at the end of September, the net profit of the first half of 2014 in the first quarter of the year of /2015 in 2014 was 23%, a year-on-year decrease of 23%, sales of 5 billion 430 million euros, an increase of 2%, operating income of 1 billion 310 million euros, and a decrease of 4% over the same period last year.

All data were lower than expected.

In the three quarter, the sales of the peak group luxury goods in China dropped significantly, to 4%, while sales in North America and the Middle East increased.

French luxury group kering released its third quarter earnings, with a total sales of 2 billion 600 million euros, an increase of 3.3% over the same period, and an increase of 4.4% under the fixed exchange rate.

Among them, the luxury sector sales of 1 billion 700 million euros, the growth rate of fixed exchange rate of 3.5%; sports and lifestyle sector sales of 900 million euros, the growth rate of the fixed exchange rate reached 6.1%.

Hermes International's three quarter results surpassed market expectations.

Thanks to strong demand from the US and Japan for their leather products, the Chinese market was weakened, and the three quarter rebounded in the two quarter.

As of the three quarter of September 30th, the group achieved a total revenue of 990 million 600 thousand euros, an increase of 10.6% over the previous year, significantly recovering from 7.9% in the two quarter and 7.9% in the first half of the year.

(Burberry) announced the interim results for the half year ended September 30, 2014, with a sales volume of 1 billion 100 million pounds and a real growth of 14% during the reporting period, reflecting the strong performance of the group in various regions and the continued growth of digital channel sales.

Weak demand in Asia, coupled with exchange rate fluctuations dragged down profit margins, pretax earnings fell 12%, adjusted pre tax profit from 174 million a year ago, fell to 152 million pounds.

In the first half of the year, boboley's retail income was 748 million, an increase of 15% in real terms, a 10% increase over sales.

The main products to promote growth include waterproof windbreaker, Prorsum series of women's clothing, leather bags and custom-made men's clothing.

Prada's (Prada) earnings report showed that nearly half of the net profit in the third quarter was mainly due to the depressed demand for luxury goods in many parts of the world.

Net profit fell to 74 million 500 thousand euros from 133 million euros a year earlier in the fiscal quarter of October 31st.

Revenue fell 5.6% to 801 million euros.

Italy luxury group Salvatore Ferragamo SpA released its earnings as at September 30, 2014, and recorded a net profit of 31 million 280 thousand euros in the three quarter, down 4.6% from 32 million 779 thousand euros in the same period last year.

In the three quarter, the total revenue of Group subsidiaries and Salvatore Ferragamo Ferragamo brand operators Salvatore Ferragamo Group was 297 million 600 thousand euros, up 2.5% from 2.902 euros a year earlier.

In the first nine months of September 30, 2014, Ferragamo's total revenue increased from 914 million 800 thousand euros a year earlier to 956 million 700 thousand euros, but the group's stock jumped 19.6% during the same period, much higher than the 4.6% increase in revenue.

The Asia Pacific region continues to be weak.

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Italy luxury brand Tods group released its financial data in the first nine months of this year: sales fell 1.5% year-on-year (0.1% at the fixed exchange rate) to 741 million euros; the core profit (EBITDA) of 156 million 400 thousand euros before interest tax depreciation and amortization was mainly affected by the increase in the company's human cost, rental cost and construction and maintenance costs of the direct system.

The sales of the main brand Tods decreased by 3.9% compared to the same period (unchanged at 2.1% from the constant exchange rate) to 578 million 100 thousand euros.

TIFFANY & CO., a high-end jewellery retailer in the US, reported that its third quarter earnings and revenues were lower than market expectations and lowered its annual revenue forecast for Tiffany.

In the fiscal quarter of October 31st, the company's profit fell to $38 million from $95 million in the same period last year.

Revenue grew 5% to $960 million.

Same store sales increased 4%, better than market expectations.

Clothing, leather goods and accessories and retail

The first quarter net profit of handbag manufacturer Coach Inc declined from US $218 million in the same period last year to US $119 million.

The company's revenue fell from $1 billion 150 million a year earlier to $1 billion 40 million.

In this quarter, its international sales volume was $381 million, an increase of 4% over the same period last year, mainly due to a 10% increase in sales in the Chinese market.

Its sales in North America dropped 19% to $634 million.

US clothing giant Ralph Lauren (Ralph Lauren Corp) issued a financial report that the second quarter earnings were better than market expectations, but revenue was less than expected.

In the fiscal quarter of September 27th, the company's profit fell to $201 million from $205 million in the same period last year.

Revenue increased from $1 billion 870 million in the same period last year to $1 billion 990 million.

VF, one of the world's largest garment manufacturers, announced that its third quarter profit increased from $434 million in the same period last year to $471 million.

Including royalty revenue, the third quarter revenue grew 7% to $3 billion 520 million.

PVH Corp. announced that the company recorded a revenue of $2 billion 230 million in the three quarter.

Mike's Michael Kors Holdings Ltd exceeded its expected performance in the quarter. The total income in the two quarter ended September 27, 2014 was $1 billion 56 million 600 thousand, up 42.7% from 740 million 300 thousand US dollars in the same period last year.

Retail revenue increased by 39.4% to $495 million 600 thousand, compared with $328 million 600 thousand in the same period last year, mainly driven by 121 new stores. Wholesale income increased by 46.1% to 514 million 100 thousand US dollars, compared with $351 million 900 thousand in the same period last year.

Vitoria's Victorias's Secret's parent company L Brands Inc. announced its net surplus of $131 million 800 thousand in the third quarter.

The company recorded a revenue of $2 billion 320 million in the three quarter.

The surplus of clothing company Guess Inc. in the three quarter has dropped to $21 million 500 thousand from 34 million US dollars in the same period last year.

Revenue recorded in the three quarter of the Guess fell from $613 million 500 thousand to $589 million 800 thousand.

Skechers USA Inc, a footwear manufacturer, reported earnings in the third quarter from $26 million 800 thousand in the same period last year to $51 million 100 thousand in.

Revenue increased from $515 million 800 thousand to $674 million 300 thousand.