EMBRY Holdings Ltd. (1388.HK), a local lingerie giant based in Shenzhen, released a profit warning. It is expected that the interim net profit will be reduced. However, the company has not disclosed Coupon Codes specific expectations, but the positive or negative of the profit warning usually represents a huge change in the company's performance. .
As for the expected interim profit forecast, the Shenzhen company blamed “the retail sentiment continued to be weak, and the uncertainty of the global macroeconomic environment, consumption has become more cautious.”
The preliminary results of the first quarter of the previous year showed that the first quarter of the company's sales recorded a decline of approximately 7%. The company attributed the year-on-year depreciation of the RMB against the Hong Kong dollar and the overall retail atmosphere was weak. However, since Embry's main business is located in mainland China, one of the two reasons is obviously difficult to establish. During the reporting period, same-store sales of stores operating for more than 15 months recorded a high single-digit decline, with a total net decrease of 39 to 1,798 stores, of which 1,520 and 278 were dedicated to counters and specialty stores, respectively.
Since last year, Embry has shown signs of fatigue. Due to the one-time compensation for relocation in 2017, the company's net profit fell from HK$495.3 million to HK$151.2 million in 2018, a drop of 70%. After adjustment, the net profit in 2018 still fell by 4.21%.
In 2018, An Lifang's income was 2.519 billion Hong Kong dollars, up 4.80% year-on-year, of which retail income was 2,058.4 million Hong Kong dollars, a slight increase of 0.90% year-on-year, accounting for 83.95% of the group's total revenue. E-commerce and wholesale income increased by 32.68% to HK$388.6 million, accounting for 15.85%.
The traditional underwear industry is currently facing a big impact. In addition to the continuous erosion of the sports industry, the physical and psychological determination and awakening of the younger generation to get rid of the "steel ring" continues to strengthen.
2019年6月26日星期三
Dacoz Latest Saving Deals Of Popular Department Stores
It takes more time to find saving money tips or some deals and discounts in your life? Do you think so? As you recognize it, you can come to this blog that will help you save more time and money. Latest saving deals of the department store are listing as below. Once you check, you can’t imagine that find saving is so easy.
1. AliExpress
AliExpress is a famous department store in china. And it currently hosts more than 5,900 different types of products from over 44 different industries, including the apparel & accessories, automobiles & motorcycles, mobile phones, computer hardware & software, electronics, health & beauty and so on.
- Mid-year Sale Encore. Up to 40% Off Clothes for Babies and Kids
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- Summer Dress Special Offer: buy Two Save $5
- Keeping It Fresh. Up to 40% Off Women's Fashion
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2. Walmart
Walmart is a department store that main purpose is to save people money so they can live better.
- Celebrate Summer With Super-low Prices Wal-mart.com, Expires at Jul 8, 2019
- Shop kitchen necessities for less
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- $25 Off When You Open a Walmart Credit Card & Spend $25
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3. Macy's
Macy’s is known worldwide, that is a retailer with iconic brands that serve customers through outstanding stores, dynamic online sites.
- 10-25% off Material Girl plus coupon code Sunday, Expires at Jul 1, 2019
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- Nike Little Boys Sets starting from $24.99
- 40% off Girls Ideology Activewear
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- Up to 40% Off MAC Goodbyes
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- $29.25 Pappagallo Shrug with Pappagallo Dress Purchase
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Best Buy is a leading provider of technology products, services and solutions. It is comprehensive in technology.
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5. Overton’s
As the world’s largest watersports and Marine Accessories department store. Overton's offers the best products at the best value to ensure you have everything you need to get on the water. It’s most useful for this Summer hot season.
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6. YOOX
YOOX is the world’s leading online lifestyle store for fashion, design & art. It offers an extensive assortment of hard-to-find clothing and accessories for men and women from the world’s most prestigious designers, a unique selection of home design objects.
- EXTRA 25% off Seasonal items
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All the latest saving deals can be found at dacoz.com. Go to Dacoz prior to find more saving deals and save more money.
2019年6月17日星期一
Lulu lemon Chinese Market Performance Shining
Canadian sports brand Lulu Lemon released its first quarter earnings report for 2019. In the three months ended May 5, Lulu Lemon's global operating income increased by 20% year-on-year to US$782 million, and net profit increased by 28.5% to US$96.6 million. The Chinese market performed the strongest, with a year-on-year increase of nearly 70%. However, industry professionals have analyzed that Lulu Lemon's main category of women's yoga apparel sales may enter the platform period, sales growth slows down, Lulu lemon needs to launch more products of other categories, in order to maintain rising growth in the domestic market. situation.
China market becomes a performance growth engine
It is reported that Lulu Lemon's financial report shows that China's regional performance is the most eye-catching, sales increased by nearly 70% year-on-year. Driven by sales growth in China, sales in the Asia-Pacific region increased by nearly 40% year-on-year. During the reporting period, Lulu Lemon has opened new stores in cities such as Xi'an and Chongqing. In 2019, it is expected to add 10 to 15 stores in China.
Stuart Haselden, chief operating officer and executive vice president of international business, said, "Compared with North America, our business vision for China is more numerically considered. 50% of China's business comes from online." He said that WeChat and Tian Cats have a dominant position in China and will continue to be an important part of the digital business.
Lulu Lemon's promotion strategy in China is now well known in the industry, that is, through the “opinion leader” and “community economy” to accurately target the target population, and then bundle with the latter.
Specifically, Lulu Lemon will regularly hold yoga classes in major cities to attract local yoga communities and enthusiasts, and to maintain a cooperative relationship with the surrounding yoga studios, to lead the community with yoga instructors, and to actively target the targets. crowd.
At present, Lulu Lemon has more than 1,600 brand ambassadors worldwide, divided into three global yoga ambassadors, elite ambassadors and store ambassadors. Their main function is to experience products and promote social interaction. Lulu Lemon hopes to help the brand build a brand image in the consumer's heart through this unique and targeted “intensive cultivation”.
Future directions: men's market and sports shoes market
According to the reporter's understanding, before and after 2012, Lulu Lemon, which focused on women's yoga costumes, encountered difficulties. Due to the singularity and high price of the Lulu lemon product line, some lower-priced competitors in the market began to grab its market. Nike, An Dema and other sports brands have also launched relatively low-priced Free Voucher Codes sports and leisure products.
Lulu Lemon has encountered unprecedented market competition, coupled with the limitations of the growth of the female market, the development of new business, the search for new ways of profit growth has become an urgent problem for Lulu Lemon.
Relevant experts from the China Culture and Education Sporting Goods Association said that yoga apparel is a relatively small category. After a period of sales, it is likely to enter the platform period, and the sales growth rate will slow down. This is a phenomenon that will occur after a new product is released for a period of time. . Lulu Lemon wants to continue to grow and needs to develop more types of products.
In response to the competition, Lulu Lemon decided to cultivate the menswear market, hoping to walk through two legs and get rid of the dependence and restraint on the female market.
According to its financial report for the first quarter of 2019, the sales of men's wear business achieved a growth rate of 33%.
In addition, Lulu Lemon is also planning to enter the sports shoe market. Company CEO Calvin McDonald said the team has found a gap in the footwear market and is developing a line of sports shoes.
But he said that details about the progress of footwear development will not be disclosed until new products are released in 2019.
However, the current sports shoe market is relatively mature. According to Euromonitor's report, in 2018, Nike's share of the US sportswear market was 18.3%, Adidas was 6%, Anderma and SKECHER were followed by 4.1% and 2.6% respectively. The main Lulu lemon market share is 1.9%. In the Chinese market, domestic brands such as Anta, Li Ning and Xtep are also overweight in the sports shoes market. It can be seen that Lulu Lemon will still face considerable pressure in the future if it wants to maintain its upward development.
China market becomes a performance growth engine
It is reported that Lulu Lemon's financial report shows that China's regional performance is the most eye-catching, sales increased by nearly 70% year-on-year. Driven by sales growth in China, sales in the Asia-Pacific region increased by nearly 40% year-on-year. During the reporting period, Lulu Lemon has opened new stores in cities such as Xi'an and Chongqing. In 2019, it is expected to add 10 to 15 stores in China.
Stuart Haselden, chief operating officer and executive vice president of international business, said, "Compared with North America, our business vision for China is more numerically considered. 50% of China's business comes from online." He said that WeChat and Tian Cats have a dominant position in China and will continue to be an important part of the digital business.
Lulu Lemon's promotion strategy in China is now well known in the industry, that is, through the “opinion leader” and “community economy” to accurately target the target population, and then bundle with the latter.
Specifically, Lulu Lemon will regularly hold yoga classes in major cities to attract local yoga communities and enthusiasts, and to maintain a cooperative relationship with the surrounding yoga studios, to lead the community with yoga instructors, and to actively target the targets. crowd.
At present, Lulu Lemon has more than 1,600 brand ambassadors worldwide, divided into three global yoga ambassadors, elite ambassadors and store ambassadors. Their main function is to experience products and promote social interaction. Lulu Lemon hopes to help the brand build a brand image in the consumer's heart through this unique and targeted “intensive cultivation”.
Future directions: men's market and sports shoes market
According to the reporter's understanding, before and after 2012, Lulu Lemon, which focused on women's yoga costumes, encountered difficulties. Due to the singularity and high price of the Lulu lemon product line, some lower-priced competitors in the market began to grab its market. Nike, An Dema and other sports brands have also launched relatively low-priced Free Voucher Codes sports and leisure products.
Lulu Lemon has encountered unprecedented market competition, coupled with the limitations of the growth of the female market, the development of new business, the search for new ways of profit growth has become an urgent problem for Lulu Lemon.
Relevant experts from the China Culture and Education Sporting Goods Association said that yoga apparel is a relatively small category. After a period of sales, it is likely to enter the platform period, and the sales growth rate will slow down. This is a phenomenon that will occur after a new product is released for a period of time. . Lulu Lemon wants to continue to grow and needs to develop more types of products.
In response to the competition, Lulu Lemon decided to cultivate the menswear market, hoping to walk through two legs and get rid of the dependence and restraint on the female market.
According to its financial report for the first quarter of 2019, the sales of men's wear business achieved a growth rate of 33%.
In addition, Lulu Lemon is also planning to enter the sports shoe market. Company CEO Calvin McDonald said the team has found a gap in the footwear market and is developing a line of sports shoes.
But he said that details about the progress of footwear development will not be disclosed until new products are released in 2019.
However, the current sports shoe market is relatively mature. According to Euromonitor's report, in 2018, Nike's share of the US sportswear market was 18.3%, Adidas was 6%, Anderma and SKECHER were followed by 4.1% and 2.6% respectively. The main Lulu lemon market share is 1.9%. In the Chinese market, domestic brands such as Anta, Li Ning and Xtep are also overweight in the sports shoes market. It can be seen that Lulu Lemon will still face considerable pressure in the future if it wants to maintain its upward development.
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