However, recent reports have shown that sales of such a strategy does not take effect . Burberry said that since August this year, same-store sales have declined, Chinese tourists traveling to Europe to spend less money on trench coats and other products.
" We are the first reported decline in sales , but we would never be the last one ." Conference in London at the end of spring and summer 2013 Burberry's CEO Angela Ahrendts said.
September 19 Milan Fashion Week Gucci's conference ended , CEO Patrizio Di Marco refused to comment the company's performance . PPR Group will publish in October the third quarter financial statements. LVMH luxury goods group 's spokesman said the next month will also publish quarterly financial statements , Vuitton's sales declined to comment . HSBC predicted China 's contribution to consumer sales accounted for about 25% of the global luxury goods .
Prada bags now prefer to use than the LV series leather material , it can be realized with less product logo to distinguish LV products , so consumers can be thought those [url=http://www.borselouisvuittonprezzioutlet.com/]www.borselouisvuittonprezzioutlet.com[/url] provide another option. Prada official said yesterday that although the current economic situation is getting worse, but same-store sales in the last two months, did not decline.
" Louis Vuitton, Omega and some other big brands are already signs that they are encountering brand fatigued period , because they are the first to enter the market , we summarize these as ' preconceived shortcomings ' ." HSBC analyst Erwan Rambourg wrote.
Luxury " ordinary " of
Fingertips likely become too " ordinary ", Hermes CEO Patrick Thomas in this year's August 31 warned that scarves and Birkin bags manufacturers , since these single-product sales in Asia in the first half sales increased by 25%. Paris-based company estimated that sales this year would not have come down, through the control store expansion plan to protect the image of the product . In future years , the world to open up 20 stores.
More Warnings
Burberry surprising to some analysts warn more worried about the LVMH group . UBS ( UBS ) Eva Quiroga has put LVMH company's credit rating lowered to moderate , lower in the second half of leather garments and other aspects of a single product sales estimates. This part of the LVMH group is the largest and most profitable business , revenues will increase by five percent to six percent , compared with the first half of 2012 fell by 10 percentage points. Quiroga also predicted LVMH's total revenue in 2012 will increase by 8.5% this performance drag of the European average of 9.2% growth in the luxury part of the amount of the hind legs.
Hermes and PPR Luxury Group, some cases may be better, increase the amount of 12% to 13% , but the PPR 's [url=http://www.borselouisvuittonprezzioutlet.com/louis-vuitton-portafogli-c-42.html]Louis Vuitton Portafogli[/url] Group may continue to fall. Prada estimated sales will grow by 15%.
Luxury beauty lies in their very scarce , so they will become very expensive. You do not want to pay big bucks to buy some things are not scarce . "Neev Capital 's founder and Managing Director Rahul Sharma concluded.