Wednesday, March 20, 2013

It's Called The Game Of Politics

1 comment:

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the luxury brand on the one hand control production to raise prices, on the other hand, in order to maintain or expand their market space, and profit margins, and the shrinking of the U.S. and European markets and the strong momentum of the Chinese market for luxuryproduct prices brought momentum.
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profit warning for the entire luxury industry worried that industry growth will slow, yesterday afternoon PRADA no doubt in the HKEx announced preliminary sales figures for the 2012 financial year for the luxury industry into a booster. Reported Group net income for the financial year ended January 31, 2013 amounted to 3.297 billion euros ($ 275 billion), an increase of 29% compared to fiscal year 2011, calculated at a fixed exchange rate, the Group's sales increased by 23% . Earlier luxury suppliers LVMH announced last year, scores quite well last year Group profit rose into sales rose 19%, sold more than 4.4 billion euros (equivalent to 37.428 billion yuan). Although the results are beautiful, but the renewed rise in the price, Yesterday, there was news that the LV will once again raise prices by 4% to 15% range.
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The report pointed out that business growth is mainly affected by the PRADA and MIU MIU brand business growth of 33% and 16%, respectively, compared with the previous fiscal year driven.
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the Asia-Pacific region has become a major sales regions PRADA outside Europe, the contribution of sales growth rate of 33%, while in Europe, in addition to the growth in sales outside Italy 36%. The earnings report also noted, PRADA to open 78 new stores in fiscal year 2012 to 461 outlets as of the end of January 2013, the total number of.
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