The merger of the glasses giant Lu Xun Lai and Essilor was forced to postpone

Due to the delayed approval of the Chinese regulatory authorities, the world's largest eyewear manufacturer Luxottica Group SpA (MTA: LUX; NYSE: LUX) Luxitika Group announced on Friday that it and the French optical glasses manufacturing giant Essilor International SA (EI. PA) Essilor Group's trading period will be delayed until July 31.

In the statement, Lu Xun Tika said that the parties still believe that in the next few weeks, the merger will complete the anti-monopoly investigations of the Chinese and Turkish regulatory authorities and successfully complete the transaction.

As the transaction has not been approved, the new company Essilor Dacoz Luxottica's first general meeting scheduled to be held on July 25 will also be postponed, but the specific date is yet to be redrafted.

On January 15, 2017, the giant earthquake in the glasses manufacturing industry, Lu Xun Tica card announced the acquisition of Essilor, the merger of a share of Lu Xun Tica card for 0.461 shares of Essilor. The combined company, Essilor Luxottica, will have a revenue of 17 billion euros and a total of 140,000 employees, operating in 150 countries and regions.

After the merger, Luxen Card Holdings Delfin will own 31-38% of the new company Essilor Luxottica shares, becoming the new largest company's shareholder, with 31% of voting rights.

In fiscal 2017, after eliminating the exchange rate impact, Lu Xun Tika achieved net sales of 9.157 billion euros, an increase of 2.2% over 2016, and the sales contribution in the US market reached 57%; adjusted operating profit increased by 2.7% to 1.442 billion euros. Adjusted net profit surged 12.2% to 970 million euros thanks to the US tax reform, the Italian patent tax incentive system and the decline in debt costs. The group expects net sales this year to record a fixed exchange rate increase of 2%-4%, and the adjusted net profit growth rate can be up to twice the sales growth.

The first quarter earnings report at the end of April showed that the Lu Xun Tika Group's first-quarter sales recorded a 0.8% fixed exchange rate decline due to bad weather and clean-up wholesale channels. The strong euro also Rosewholesale Coupons caused the Group's actual sales to plummet more than 10% in January-March.

Italy Group Executive Chairman Leonardo Del Vecchio said in the earnings report that following the clean-up of wholesale channels in China, the Group has also embarked on a channel balancing strategy in Europe aimed at bringing consumers closer to consumers and improving their innovation capabilities. The company continues to invest in technology through the advantages of digital transformation.

Leonardo Del Vecchio said in the quarterly report at the end of April that China, the only core market for the merger, is expected to be approved by the authorities in the first half of the year.

But now it seems that the Italians are too optimistic. Under the shadow of the Sino-US trade war, the Chinese authorities may focus all of their centers on resolving the above disputes, and China’s attempt to win over the EU’s RoseGal Coupons joint trade policy against the United States has not been recognized by the European Union.

Essilor is expected to accelerate to 4% this year after achieving a 3.1% increase in comparable revenue last year. Last year, the group's revenue totaled 7.49 billion euros, and its operating profit margin fell from 18.6% in 2016 to 18.2%, while this year's outlook is 18.3%.

Dacoz Open a New Topic Theme Board About Deals

Dacoz is a coupons site with tons of coupon code and deals.

Recently, they create a new theme board about deals. All of the deals from thousands of online famous and popular stores. Which conclude women's clothing, men's clothing, kids' clothing, pets supplies, electric, home & garden, travel, food, flowers and so on.

In other words, the topic board is just supplied discount and sales of different kinds of products.

All of the products from the topic are hand picked by Dacoz editor. They aim to supply the most popular and valued goods around the world.

Browse and click the Topic as the picture and then you will discover much of topics. And they will ongoing add more valued topics.

You may interest in these topics as follows:

• Summer Beach Accessories Check List            
• Summer Wear Ideas for Kids
• Stunning Summer Sandals Up to 65% Off
• Eyewear Online Shopping - Best Price Guarantee On Glassesshop
• The Best You Can Buy During 2018 FIFA World Cup Russia
• Men's Summer Fashion - Latest Trends In 2018
• Enjoy Summer Fashion Trendy Under the Sun
• Thoughtful Gift Ideas for Father's Day

Prada Look Out Surprise From Ordinary

After the conference last Sunday, Miuccia Prada insisted that she preferred to use the most basic and plain words to describe what she did. Don't make gorgeous rhetoric. Just describe words like "simple" or "sexy" or "primitive." Of course, nothing that Prada touched was truly simple.

To make Miuccia's dream come true from the ordinary, you must have an ordinary starting point. Perhaps this is why she built a new series based on sports jackets and jackets, using the classic camel and gray flannel widely, and taking very little on suede and grained fabrics. Then the things that we are familiar with are transparent to different levels. In the subtext of full of psychedelic colors, the performance of the most vivid, some of the power of the flower elements, in the model Paul Hameline's high-necked clothing on the Zaful Coupons embodiment of a wonderful mix of figurines (said that Miuccia himself was confused by this chafing dishonesty) .

But decades ago, the appearance of "Ugly" printings made Prada's Rosewholesale Coupon Code name resounded. Similarly, in May of this year in New York, Miuccia's return to the holiday series was unforgettable. She also said that she imagined that low-waisted shorts could be used as the men's control for the May show, the mini-skirt. Although they were the top "equipment" for beautiful men, they could provoke the same age as the sex movie in the degenerate era. Memory.

Therefore, there is indeed a manifestation of "sex" in the show. When the models were closed, the soundtrack of Frederic Sanchez's Sexy Boy reverberated in the air. In this wonderful setting, it illuminates this different challenge. Miuccia claimed that she eventually wanted to express "a new kind of elegance", giving movement and street elegance (so many sporting elements and sports pieces appeared in the whole series, and I was attracted by unparalleled shoes), and at the same time exceeded. The structure defines itself.

Looking back at the way she was in charge of the men's collection, you will know very well that she looks at men's feelings. She likes to lower men, emphasizing the fragile side of men, not masculine. Why not? Toxic male hormones are laying the dead end of human civilization. So what Miuccia did - not the first time - was to reveal the feminine aspects of men: ruffles, women's handbags, and the alleged "sexy" shorts.

This always can tease us to imagine - giant hunting caps, almost every one looks like, sly Putin rampant in the Western world. After all, Miuccia's political sensitivity created the melting pot of Milan's radical 1970 communism. It is regrettable to these speculations that Kate Moss photographed Galliano's photographs to show his support. The hats of the New York show were inspired only by Galliano's image. In this recent model, Miuccia said she likes a emaciated male body, a huge hat over his head and a rocking scene. (Ok, it's a bit weak.)

On the show floor, concrete walls made of transparent plastic and seats made of inflatable plastic blocks were designed by Perner Panton in the early 1960s, but they have not been sold until now. This is an invisible environment. The geographical Dacoz coordinates printed on the floor can hardly provide any help. Obviously, they are devices for "remote places." We don't know where we are. I'm also not sure if Miuccia knows.

It's Never too Late to Say Thanks Dad - 2018 Father's Day Gift

As the saying says, dad's love like a mountain. We are very lucky that we have a loved dad, who are maybe brave, humorous, work hard, handsome, kind. But the most important they love their kids and desire to do everything for their son or daughter.

There is no doubt that we should prepare a Father's Day Gift on the special significance meaning day, that is Father's Day.

Love your dad, know what your dad love. And then buy some gifts from online sites as follows.

Newchic Father's Day Sale buy 2 get 15% off

Newchic has cotton loose pants and shirts, check and buy your dad's love.

Rosewholesale Father's Day gifts 12% off coupon code DADSDAY

Rosewholesale supply differents kinds of pants and shirts, jeans for dad. Your dad will be more young after you buying from this site Rosewholesale.




Dresslily Father's Day Sale $9 off $90+, $15 off $140+
From Dresslily store, you can buy Hawaiian pants or T-shirts for your dad. This Hawaiian style will let your dad be different from others and be outstanding on the street.

Wholesale7 Father's Day best gifts 8% off

Many T-shirts are on sale from Wholesale7. It's a good chance buy for your dad.

Beautifulhalo Father's Day Sale 

Extra 2% off 25+ coupon code DAD2, extra 5% off 50+ promo code DAD5

Mydreamstore Father's Day Gifts sale

Mydreamstore offers great kinds of goods for the Father's Day. Cup, clothing, wallet, neck pillow that all are very warmly gifts.

Shoppers Stop Father's Day sale 15% off 

Watches, wallets, shirts, shoes, perfume all can be found at Shoppers Stop. It prepared gifts for dapper dad, travel dad, fitness freak dad, tech-savvy dad. If your dad is like this, just buy unique gifts for dad from Shoppers Stop.

More Father's Day deals and coupons at dacoz coupon code site.

2018 Top 10 Professional Online Clothing Stores in China

Shopping can make people happier. People like shopping. But, people in the modern society are so buying on their work that have no time to go shopping in store, many of them are choosing shopping online, that is a trending shopping model now. Shop online means without leaving your room, and finding everything you want. Clothing, shoes, jewelry, health, sports, auto, bags, electric etc. It is also much more convenient for the shopaholics to save more time and money.

There are so many various of online store in the world. How to pick out the site that available for you? How to save more money through online shopping? Read this article, Dacoz has made a list of the 2018 top 10 professional online clothing stores in china. It may give you some help for shopping idea of clothing.

AliExpress

AliExpress was launched in 2010, and is a part of Alibaba.com group company, China's biggest online shopping company. AliExpress is a multi-language worldwide website, it is currently in the languages English, Spanish, Dutch, French, Italian, Polish, Portuguese and Russian. Meanwhile, the site possessed a wide variety of products including women's clothing, men's clothing, automobiles, cell phones, computer hardware & software, electronics, beauty, lighting, shoes and Jewelry. If you want it, they have it. With Aliexpress, everything is possible.

AliExpress Deals: Up to 60% Off On Clothing. Get more AliExpress deals here.

Banggood

Banggood was founded in 2006. It is also a famous online store in China. In the beginning, Banggood specialized in computer software research and development. With the rapid development, it is sell everything, electronics, clothing, apparel, beauty products and much, much more. Banggood is committed to providing customers with low-price and high-quality products as well as professional customer service. It supplying clothing and apparel are looks better and has it's own character. So browse the site you will find your loved one.

Banggood Sales: Linen and Floral Fashion up to 60% off. These blouse is so beautiful and many of them are on sale now, if you are looking for buying one linen blouse, Banggood is a good place and good time to cater for your satisfied.

SheIn

SheIn's styles catering to both young women and teens. Whether you're searching for boho dresses and graphic tees or patterned blouses and chic swimwear, you can find your sanctified form SheIn. SheIn now ships to over 80 countries worldwide. With websites supporting the United States, Spain, France, Russia, Germany, Italy, Australia and the Middle East. It becomes stronger and stronger.

SheIn Deals: Free Shipping for Orders Over $49. More SheIn Deals.

Lightinthebox

Lightinthebox is established in 2007, it is one of the best china online shopping sites.

Lightinthebox offers the clothing with best quality and low price. Such as weeding dresses, evening dresses, cocktail dresses, celebrity dresses and bride dresses are best selling on lightinthebox. As it is so big now, it supply the multi-language for different country, English, French, Japanese, Spanish, Arabic, Portuguese, Dansk, Nederland. Reasonable price, high quality and best service, you would believe in it.

Lightinthebox Promo Code: $10 Off On Orders Of $150 code LI10USWGAPR.

Zaful

Zaful offer a select choice of clothing, shoes, accessories and more to deck out your wardrobe with style. It is now 4th Anniversary of Zaful, view on this time get tons of discounts and coupons. At the same time, many kinds of women dress and tops and swimwear are on sale now.

Zaful Coupon Code: Free Shipping on Orders Over $30 coupon code ZFBIKINI15.

RoseGal

RoseGal offering both styles of clothing, shoes and accessories to capture hearts of customers. The plus size clothes is so special and very professional, the site is much more suitable for fatty. Again, the prices are very reasonable.

RoseGal Discount: Up to 88% OFF Sitewide. Know more from here.

DressLily

DressLily is a leading international online fashion clothing store. It provide the latest online womens dresses, sweaters, outerwear, tops, bottoms, bags, shoes, jewelry, watches & accessories. All the products on the site is so cheap that can be acceptable by all of you.

DressLily Promo Code: $10 Off For All Swimwear use this coupon code ADSWIM2018 for saving more money in this 2018 summer.

Gamiss

Gamiss carry wide range of fashion apparel and accessories including clothing, jewelry, bags, shoes, hair products, watches and home use products at the lowest prices. Gamiss' shirt comes to the lowest price $1.99. Just spend little money buy a new cloths, that's a cost-effective thing.

Gamiss coupon code: 12% OFF for the website code 1001CUPONS018GM.

Tidebuy

Tidebuy covers a wide range of women's fashion, everything from trendy fashion, clothes, shoes, dresses, bags, bedding, men's, kids, and jewelry wigs, etc. It was founded in 2010. The site prices are pretty cheap cause they're doing business directly with the factory. 8 year, Tidebuy is rapid growth for their good service and high quality. It's worth to shop on it.

Tidebuy clothing coupon code: Saving $17 From $92 Only for Men's and Women's Clothing coupon code 7175.

Milanoo

Milanoo.com is a leading online retail store based in China. It specializing in selling men's and women's clothing, wedding and special events items, cosplay costumes and a wide variety of other products. The site founded in 2008. It offers the high quality of goods for their manufacturing teams are always hand picked and the items go through strenuous checks to ensure that it is a quality product.

Milanoo Deals: Up to 60% Off Women's Dresses, just click here.

Above all are our picked top 10 professional online clothing stores in china and currently coupons and deals of these stores. Shopping online from the worldwide is becomes so popular. If you are looking for a online clothing store, these china online clothing stores will change your mind and improve your aesthetic level. Furthermore, shopping from these site can let your shopping experience more easier.

Different style, high quality and affordable price will satisfied your choice. Hence, have a try and enjoy buying.

Vetements Were Exposed

Some time ago, Vetements, which had been smashed by the media, had been exposed by several media outlets. The brand was being constrained by arrogant pricing and boring designs and gradually abandoned by trend lovers. Although Creative Director Demna Gvasalia Tomtop Coupons publicly stated that the remarks were nonsense the next day, the topic has been gradually fermented and spread on social media.

All of these seem to indicate that an era of the trend circle has come to a close, and when I think about these clues, I find that everything is traceable...

Teen Witt's troubles

In my opinion, the Vetements phenomenon is a historical product that belongs to a specific era. It is young and rebellious. Although there is not much content to lead the times in the design, as long as their micro-processing, the uniform sweater can be popular all over the world, this trend once let the mainstream fashion ring exclaimed the loss of the value of fashion. ".

However, is Vetements really just a speculator? The answer is obviously not.

Their cleverness lies in their ability to start with stylized content and then transform it. When an ordinary object you are familiar with suddenly has other attributes, you are always willing to look at it more. After all, recreating is always easier to draw attention because it can generate analogies in all dimensions and broaden your knowledge.

Vetements are even better than this. They try to perceive the world from a cross-cultural perspective. Both in the costume itself and in the style of presentation, they all span the category of ugliness alone.

So, although I don't necessarily have to buy these premiums to excessive clothes, the emergence of Vetements undoubtedly puts a strong boost in the industry.

This is an era in which thousands of messages arrive every day. The more personal the perspective and the uniqueness of the message, the more attention you get. They make you feel that you are communicating with a cool and unusual friend rather than behave yourself. The media, this is Vetements most proud of the "identity."

However, these venerable Vetements eventually fell into the pit, and I remember that in an interview, brand CEO Guram Gvasalia reiterated the brand product strategy several times, only four words - hunger marketing.

Guram Gvasalia emphasized: "Our supply is always lower than market demand, so we can always sell out. This is our strategy. If you see discounted goods, it means that the supply exceeds the market demand. ."

However, the scarcity strategy of Vetements has gradually become weak in actual combat. At the end of last year, the brand's Pop-up campaign in Hong Kong was a good example.

Prelude to the activity continued, several notices were issued, and the mysterious atmosphere continued to be rendered.

It wasn’t until the opening day before the venue was announced – the runway of the old Kai Tak Airport in Kowloon.

Same style and amazing price

The reason is that blush conceals all the turbulence. Only when the wave retreats can you see whether Vetements is naked or naked. It does not have a profound foundation of fashion and brand accumulation. It is more like a spoiler who blew up mid-way. After tasting its sweetness, it tries to follow the path to the end and continues to use super high premiums to benefit from hunger marketing. .

These profound interpretations of Guy Debord's "Landscape Society" quoted Feuerbach's "symbols are better than the real thing, the copy is better than the original, and the phenomenon is better than the essence" and continue to dilute the brand value.

Vetements apparently Coupon Code Aliexpress overestimated themselves. As the appeal of the brand declines, hidden dangers start to appear one by one: because the brand itself no longer has the ability to create topics, leading to the slow-moving merchandise, hunger marketing will not work. Vetements' interlocking three axes - "identity", "hunger marketing", and "topicality" have all been broken down by the same brand, and the whole is like a chain reaction.

Perhaps because of the relationship between the same creative director, today's Balenciaga is more like the ultimate version of Vetements. It not only ranks first in the world's hottest brand of the Lyst Index, but also locks the future of Vetements to some extent.
In the eyes of many people in the industry, the golden period of Vetements is over. I believe this trend, Gosha, is also in the eyes.

Gosha's closure of personal brands seems to be more of a type of rapids in the industry, because his situation is much better than Vetements.

Gosha Rubchinskiy

Nowadays, some of the trend forms I would like to classify them as "formula trend". The endless stream of reference and design embezzlement are like the spy in the dish. What do these tagged designs mean? As we look at our hearts, we feel more and more uninterested, because these only remain in the visual presentation.

This is not only a problem of a certain brand but a problem faced by the industry. No style or aesthetic can escape the constraints of the market. Consumerism, social media, and market Rosewholesale Coupon Code recognition are firmly tied together. The various popular design labels seem to have become politically correct.

The popularity of social media has caused us to become more and more short-term about our surroundings. They reinforce our demand for new things, raise our thresholds, and make the times gradually desensitize, making the market's metabolism more and more ruthless. Rapidly - it can make the tide brand that has been pushed onto the altar instantaneously, but also allows the most topical designers to choose rapids, which not only means the end of an era, but also promotes people's attention In the new era, we cast a "Vetements".

It won't be long before we Free Promo Codes will see Burberry under the charge of the myth of explosion Riccardo Tisci; Céline after training by Dior Homme's empire Hedi Slimane; and of course Louis Vuitton men's clothing under the vigilance of Virgil Abloh. Continue the new round of separatism.

How does LVMH become the luxury empire of today?

The formation of luxury goods groups has been around for the past 30 or 40 years. It has developed from family businesses or handicraft workshops, but almost all have a long history of more than 100 years. It is generally believed that there are three major luxury goods groups in the world: LVMH Group, Richemont Group and Kaiyun Group. Each company has a "soul" brand, which basically contributes about half of the sales of the group. Richemont Rosewholesale Coupon Code Group is Cartier, and Kaiyun Group is Gucci, LVMH Group is naturally LV.

In the brief history of pushing luxury goods, we used Louis Vuitton as a case to introduce the well-known brand history of luxury goods. With the breakdown of different business areas, today's luxury brands are dazzling, but how is the relationship between them? This is still easy to confuse. We hope to see a clearer logic by seeing business stories.

First, look at the composition of the LVMH Group today.

LVMH full name Louis Vuitton Mo?t Hennessy, is the abbreviation of three European luxury old, LV is Louis Vuitton (M) represents the nearly 300-year history of the Royal Champagne brand Moet & Chandon H is the abbreviation for Hennessy, the world's most famous brandy.

LVMH's full name Louis Vuitton Mo?t Hennessy's main business includes the following six areas: wine and spirits, fashion and leather products, perfumes and cosmetics, watches and jewelry, and boutique retail , other cultural and arts category activities, a total of 70 brands. We are more familiar with the fashion and leather products, perfumes and cosmetics and boutique retail areas. The following is a list of brands.

Fashion and Leather Products

Perfume and cosmetics

Boutique retail

LV, Moody and Hennessy

Coyote and Hennessy were founded a hundred years earlier than LV.

In 1743, Claude Moet, who was a wine merchant, established the Champagne business and went to the family's third-generation Jane-Remy Moet operation, making the Cognac brand famous all over the world. One of the most important marketing is its friendship with Napoleon, Napoleon's influence makes this Champagne brand has the reputation of "Royal Champagne".

Irish Richard Hennessy founded his own winery in Cognac in France in 1765. His business acumen was very sensitive and he extended his brand to the United States, Australia, Southeast Asia, South America, even Japan and China, making Hennessy a top wine brand.

In 1896, Louis Vuitton's son, George Vuitton, designed a totem with the LV acronym and a four-petal pattern, which became the eternal symbol and symbol of LV, and also marked the official birth of the brand. In 1898, LV extended the brand to the American market, and in 1914, it opened the first LV large-scale specialty store on the Champs-Elysees Avenue in France, and became the vanguard of the world's largest leather goods stores.

Dior appeared

The emergence of Dior is actually an important reason for the influence of the French fashion culture on the world. It is inextricably linked with the establishment of LVMH.

In October 1946, 41-year-old Christian Dior founded his own brand boutique in Paris Montaigne with the support of textile giant Marcel Boussac.

Since then, Dior's design has broken the wave of the old era, creating new French fashion women's fashion, redefining the charm of women in that era. In August 1947, Dior introduced the historically famous "New Look" autumn and winter collection, which was adorned with complicated laces to arouse people's long-deserted desire in wartime. By 1949, New Look brought the company 12.75 million francs in revenue. Only the brand Dior occupies 75% of the French government’s total clothing exports, making him a national hero in France.
New Look

At the time, refreshing elegance and a new era of clothing made Christian Dior's name known worldwide and laid the foundation for the later development of the French fashion culture. This influence has remained until today, which is an important milestone in fashion history. After the fashion, Dior launched the perfume and lipstick products, it is a pioneering move in the field of luxury brand development. However, in 1968, its perfume business was sold to Hennessy. Afterwards, the Dior brand experienced a change of owner, and both parent companies declared bankruptcy.

Arnott is waiting in the wings

The career of Bernard Arnault, known as the "father of the world's luxury goods," and also the founder of the LVMH Group, has actually Coupon Code for Shein had nothing to do with luxury goods. After completing his studies, he entered the construction company founded by his father and he worked hard to ascend until 1978. Later, due to work reasons, he went to live in the United States. During the United States, he was proud to be able to feel his hometown style. Dior was placed in the department store counter.

During the period, the two major wine merchants of Haoyue and Hennessy formally merged in 1971 to form the Moët Hennessy Wine Group.

After the 1970s, the economies of Western countries were in trouble and entered the privatization reform. France is one of them. Perhaps due to Dior's affection in mind, when Arnold returned to his hometown of France in 1984, under the privatization wave, he bought Dior's then-owned company, the Willot Group, and later renamed it Financiere Agache to the holding company. Reorganized.

At that time, as the third-generation successor of LV, LV's then-president Rakha Miyah found that merely relying on the high-end route could not achieve a re-expansion of profit, he decided to merge with Moët Hennessy Wine Group, which was selling champagne at that time. . However, after the merger, the operations of the two companies were independent and did not achieve business integration and collaboration. LVMH caught up in the equity fight and it was the stock market crash that gave Arnott a good opportunity.

In October 1987, the sudden collapse of the French stock market caused LVMH shares to fall. Arnault bought a 43% share of the group at a low price with a purse company, becoming the company’s largest shareholder and gaining absolute control of the group. Arnott officially merged the world-famous Louis Vuitton with the liquor group Moët Hennessy to form the LVMH Luxury Goods Group. Subsequently, Arnott began to reform LVMH, and the structure of the alcoholic drinks and perfumery sector was reorganized.

Father of the world luxury goods and LVMH

Someone commented on Arnott: "As long as you see a beautiful brand, he wants to put it in the bag."

After Arnault took charge of LVMH, he began to lead LVMH as an industry leader in global luxury goods. In particular, he has a high enthusiasm for the acquisition of the brand, so he began to add to the LVMH building. At the time, for example, the purchase of luxury brands, including shirt makers Thomas Pink, Chaumet jewelry, Fendi leather goods, Pucci and Donna Karan fashion, Krug champagne, and TAG Heuer.

People summed up his method in three steps: the time of purchase was concentrated in the period of economic recession; after the acquisition, “receiving and releasing freely”, selling in a Yoins Coupon Code timely manner, and re-integrating through “sell and sell”, its sub-brands remained high. Yield; he had a unique vision when choosing a designer for a brand. For example, after LV became synonymous with “Lao Qi Street Pack”, he resolutely appointed the cutting-edge designer Mark Jacob as the company's creative director, and took LV’s ancient history. Noble into modern life.

The most recent acquisition was in April last year. The Arnault family (ie, the Arnault family), the controlling shareholder of LVMH Group, purchased the remaining public shares of listed company Christian Dior SA for a total purchase price of 12.1 billion euros. Prior to this, many people misunderstood that Chirsitian Dior is one of the LVMH group brands, but in fact they have always been two independent listed companies, holding Dior Fashion and Dior Perfume Beauty respectively, and the controlling parties are Arnault family. This also means that Dior Fashion and Dior Perfume Beauty have reintegrated after half a century of separation.

Arnault once talked about the secrets of driving a brand: "The establishment of a luxury brand is much more difficult than other businesses. It needs to create a consumer demand that does not exist at all. The fashion luxury brand must follow a formula: by tapping the brand history. And use appropriate designers to interpret it to define the brand identity; strictly control the quality of the brand and sales; ingeniously create momentum and attract attention."

Recently, we also saw the first quarter of 2018 financial reports issued by major luxury goods groups. In the first quarter, LVMH's sales rose by 10% year-on-year to 10.85 billion euros. Dior's fashion business, which was acquired in June last year at a cost of 6.5 billion euros, contributed significantly to sales growth. Looking at the scale of development, LVMH is still unable to shake the world's top luxury goods group.

Business is an industry that involves a wide range of industries. Philosophy is its foundation stone. Sociology is its living background. Architecture is its container. Art is its outer garment. Psychology is its driving force for consumption. Communication is its Expand weapons.

If the value of the product comes Tomtop Promo Code from creativity, then the fundamental driving force of business development is innovation. When we expect to accelerate growth, we must persist in absorbing and accumulating innovation.