Luxury Week: Balmain, 50 Percent Off Sale Of Hermes H&M

Last week, according to last year's financial year data released by Burberry, despite its overall net profit growth over last year, the impact of exchange rate fluctuations on next year's performance has led to a collapse in share prices.

On the other hand, Herm s, who has always been hungry for marketing, has given up his honorable status this time and has had the first 50 percent off sale in China.

Hurry with the money and haughty attitude to accept the first time of hard luxury.

Burberry shares tumbled

British luxury brand Boboli announced on Wednesday that its net profit of 336 million 300 thousand pounds in the last fiscal year (up to the end of March) increased by 322 million 500 thousand pounds compared to the same period last year, but the adjusted pre tax profit was reduced from 462 million pounds last year to 455 million 800 thousand pounds. The annual revenue increased from 2 billion 520 million pounds last year to 2 billion 520 million pounds, an increase of 8%.

At the same time, the company said that the impact of exchange rate changes will continue to the new fiscal year, and accordingly issued a financial warning. Burberry estimated that its wholesale and retail profits in fiscal year 2016 would be about 40 million pounds, lower than expected.

The news has disappointed investors, causing the company's worst share price slide in a year and a half.

Since Chanel's price cut in China and triggered a series of brand participation in price cuts, the strong price positioning and inherent image of luxury goods have long been broken.

Last week in Hongkong, Admiralty Conrad Hotel welcomed the first luxury sale of Hermes in China, the first 50 percent off sale in China.

Its 50 percent off "sale" product does not cover the core product bag, the sale time is May 22nd -24.

Alibaba has recently taken part in the matter again. The luxury brand Gucci of the French luxury giant Kering has again taken the company to court in the US. (Gucci)

Last Friday, Gucci company filed a lawsuit against the Alibaba listed on the NYSE in the Southern District of New York. The company's e-commerce platform provided a platform for the sale of counterfeit products, while Alibaba knew that the sale of fake sellers did not stop them, and even provided marketers for the sale of fake products.

According to the 2015 spring report jointly released by Bain &Company and Fondazione Altagamma last Friday on Worldwide Luxury Markets Monitor (global luxury market monitoring), the global luxury market will record 2%-4% growth at the fixed exchange rate this year, approaching the level of 2014, the slowest year since 2009.

According to the constant exchange rate parameters, the study predicts that sales in Europe and Japan will achieve a 5% growth; the Middle East and other parts of the world will achieve 4% growth; the United States will grow by 3%; Asia will grow 2%.

For luxury categories, footwear and bags will grow by 4%, which is in line with jewellery and watches, while clothing, perfume and cosmetics will grow by 3%.

H&M joined hands with Balmain

H&M and Balmain announced the launch of the Balmain series. After the last ever H&M x Alexander Wang, this H&M has been found to be known as the rich Paris style, which was founded by fashion designer Pierre Balmain many years ago.

What is the taste of smart watch shipments or what will break the list of millions of traditional watches?

Entering the 2015, the tide of smart watches has been opened. Apple, Samsung, HUAWEI, TCL, and Xiaomi have launched their smart watch strategy. On the market, we also see that Apple Watch has received much less than the previous iPhone series.

According to IHS's latest report, smart watch shipments will grow from 3 million 600 thousand in 2014 to 101 million in 2020.

Although the prospect is clear, there is still much room for improvement at least.

Faced with billions of smart watches shipped, do not know what the traditional list is?

Cartire Ruby price refresh colored gem world auction record

At the spring auction of Sotheby's "noble jewelry and aristocratic jewelry" in Geneva recently, the French palace brand Cartire has made brilliant achievements with its four top jewellery products.

The focus was on a 25.59 karat top Burma ruby, which ended up at a price of 28 million 250 thousand Swiss francs (187 million 400 thousand yuan), and refreshed the world auction record of colored gemstones.

Hundreds of millions of dollars in Italy castle Taobao started shooting

With the rise of overseas investment and the maturity of the Internet age, European castles can also be auctioned online, not auctioning foreign websites, but auctioned on our own websites.

On the Taobao auction platform, a sixteenth Century castle was auctioned at 10 last Friday, with a starting price of one hundred million yuan, with a price increase of 200 thousand and no reserve price. The market value is about 173 million yuan.

Kai Yun group released its first environmental report.

As we all know, clothing and textile industry is the most seriously polluted industry after oil industry. Therefore, luxury group is the first to take the lead in the pollution issue.

But in recent years, many luxury goods have thrown up environmental gimmicks to create an environmentally friendly image for themselves.

But it is estimated that no one is as serious as Kai Yun group because they have released the first "environmental profit and loss report" in history.

Audi occupies the first place in China's luxury car market

In May 21, 2015, Audi, the German luxury car maker, formally announced that its total sales in China exceeded 3 million vehicles, and launched the 3 million commemorative edition of the whole series.

Audi has entered China since 1988. It is the first luxury brand car to enter the Chinese market. They have always been challenged by competitors, but this does not prevent it from being one of the most popular luxury car brands of Chinese consumers.