Gucci Gucci'S Revenue Grew By 45.4% Leading To The Growth Of Luxury Goods Industry

Recently, the world clothing shoes and hats net learned that Italy brand Gucci Gucci is still far ahead of the growth of luxury goods industry. After the Chinese consumers opened the pocketbook again, Gucci has a magical performance over the past two years.

The two quarter recorded a 39.3% increase in comparable revenue, although it slowed down compared with 48.3% in the first quarter, but still exceeded the expected 32% of Thomson Reuters and 35% of No Agency's forecast.

However, at the post earnings conference, Gucci Duplaix Kering SA (KER.PA), chief financial officer of Gucci SA group, said that the growth in the second half of this year will not continue to be strong due to the high base in the second half of last year, but the outstanding performance in the first half of the year increased the confidence of the group to continue its strong growth.

On Thursday, Group CEO Fran ois-Henri Pinault Francois Henry Pinot told French media at the French headquarters that the success of Gucci's Gucci was due to changes in business models. The supply of high-end brands of the brand had continuity rather than changes with the tide. The past volatility was gone forever. Simply speaking, consumers purchased Gucci, Gucci and Gucci products at the beginning of 2016, and now they are still fashionable at the forefront of the trend.

Since 2015, under the leadership of CEO Marco Bizzarri and creative director Alessandro Michele, Italy brand has become the most popular brand in the market under the leadership of Marco Michele and creative director Michele. Despite the low base effect, the brand's growth in the past two years is particularly bright in the low market.

Fran ois-Henri Pinault Francois Henry Pino said that at present, 50% of Gucci's Gucci sales come from the 35 generation Millennial Millennium generation.

Times, and Saint Laurent has 65% sales from that age section.

Fran Francois Pinault ois-Henri said that it means that the high-end products of the group are more attractive to the consumers of the age group than the old customers (because the consumers are younger), so the attraction can continue. "Ois-Henri"

As a result of its popularity, Gucci Gucci's business profit margin surged to 32% in the first half of the year, up 446 basis points from 27.6% in the same period last year, and the LVMH Mo t t Hennessy Louis Vuitton SE (MC.PA) released on Wednesday was 31.8% in the first half of the MOET & CHANDON, Hennessy and LV group, and the operating profit of LVMH SE, fashion and leather brand flagship brand, Louis Weedon, was usually maintained at the end of the year.

Jean-Marc Duplaix said that the Italy brand's operating profit margin could reach 30% this year, and the brand new concept store in the second half of this year will rise to 109 from the end of June to 150.

By the end of the first half of June, Gucci Gucci's revenue increased from 1 billion 947 million 500 thousand euros to 2 billion 832 million 500 thousand euros, an increase of 45.4%, and the growth rate of the company increased by 43.4%. The operating profit of the brand continued business rose 69% to 907 million 300 thousand euros, compared with 536 million 900 thousand euros in the same period last year.

Due to the contrast of the two major brands of Yves Saint Laurent Saint Laurent and Bottega Veneta, the French brand has ranked the second largest brand in the past year. The two quarter and the first half of the year have recorded 24.3% and 29.7% growth respectively, representing an increase of 23.7% and 28.5% respectively, of which the Chinese mainland market is particularly strong.

However, Bottega Veneta is also gratifying. This brand has benefited from the growth in Europe and Asia, and recorded a growth in the first half of the year, with an increase of 3.4% in revenue of 509 million 400 thousand euros, an increase of 2%, of which two in the two quarter was an increase of 2.2%, an increase of 1.7%.

In addition, the group's chief financial officer, Jean-Marc Duplaix, revealed that Balenciaga Paris was a fake with an intermediate target of 1 billion euros.

In the two quarter, group income recorded a comparable increase of 24.6% to 3 billion 722 million 700 thousand euros, of which the luxury sector could increase by 25.3%.

Due to the strong performance of Gucci Gucci, the first half income of Kering SA group opened a 26.5% increase in the first half of the year, and the real growth rate was 28.2% to 7 billion 296 million 200 thousand euros, of which the Western European market grew 33.5%, and the Asia Pacific market increased by 34.4%, accounting for 32% and 28% of the group's revenue respectively. The growth rate in the North American market and the Japanese market was 20.7% and 6.4% respectively, accounting for 21% and 9% respectively, and the newly established department Kering Eyewear contributed to the euro.

In the first half of the year, the gross profit margin of Kering SA, Kai Yun group, was 4 billion 724 million 800 thousand euros, an annual increase of 31.2%, gross margin 64.8% rising by 150 basis points by year, continuing business profit increasing 57.1% to 1 billion 274 million 100 thousand euros, and continuing business profit margin 17.5% up 330 basis points, of which the luxury sector's continued business profit margin 24.9% was 21.7% points higher than that of 21.7% in the same period last year.

Kering SA

EBITDA recorded a 1 billion 526 million euro in the first half, an increase of 51% over the same period last year, and a 310 basis point increase in EBITDA profit margins to 20.9%, while 825 million 800 thousand euros in the net profit period surged from 464 million 900 thousand euros a year earlier.

On Thursday's closing, Kering SA opened a decline of 305.10 euros in the big market, but the stock has surged over 40% so far this year.

More attention should be paid to the world clothing shoes and hats net.