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Gucci Brand Sales Performance Is Lower Than Expected

2015/6/18 15:36:00 52

GucciBrand SalesLuxury Goods

Since the price cut, according to the performance report data, GUCCI parent company

Kering

The group's latest 2015 quarter results show that this "

Profit core

"Brand sales performance is lower than expected, comparable sales decreased by 7.9%, exceeding analysts' expectations of 3% to 6%.

Wholesale income decreased by 23% compared to the same period last year, accounting for 83% of the total retail income (502 retail outlets covering 502 of the world).

Western European market

An increase of 6% over the same period, but the Asia Pacific region decreased by 10% compared with the same period last year, while Japan dropped by 9%, and the North American market remained unchanged.

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On the last day of March this year, Net-a-Porter and Yoox were merged.

Both the group and Yoox hold half of the shares of the merged group.

LVMH, Kai Yun group also share the e-commerce website, or to authorize its own brand to the authority of electricity.

CHANEL, who once claimed not to "touch the net", has also authorized some jewellery to Net-a-Porter. Only Celine insists that e-commerce will destroy the most treasured shopping experience of luxury goods.

More than just young people, people from all over the world and all ages will spend more time on the Internet.

Shopping is also happening online more and more.

According to McKinsey 2013 data, online sales account for 4% of the total market and increase by two times the overall growth rate of the luxury goods industry.

If we continue to grow at this rate, the online consumption of luxury goods industry will reach 20 billion euros in five years.

The situation is changing so fast that most luxury brands realize that abandoning the line will be abandoned, and they are worried that the electricity supplier will not be able to control and destroy the customer experience.

Gucci, CHANEL, Dior, Dolce&Gabanna and other brands have launched their own app on APPStore, but most of them still focus on information release.

Gucci, COACH and many other brand official website also have sales function.

However, the McKinsey consultancy survey showed that only 4% of respondents had downloaded luxury app.

However, the amount of visits and orders of the official website can not be compared with that of the electronic commerce platform.

A few years ago, SalvatoreFerragamo officially authorized China's e-commerce platform to sell online, but on the outside, it meant more luxury brands were digesting inventory, and their styles were not in harmony.

If it is not for Net-a-Porter to participate in its own business, luxury brand licensing mode has never been the mainstream.

Luxury brands have covered almost all continents on all kinds of e-commerce websites.


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