"A chic city bag in Monogram Denim with feminine pleats and a vintage faded look. The rounded shape allows a large interior while various methods for carrying the bag offer flexibility.
"
Louis Vuitton Monogram Idylle Xs M95608 Outlet 
"Very feminine and ideal for everyday, the rounded shape of the XS comes in Monogram Denim Canvas and can be carried on the shoulder or across the body.
"
Louis Vuitton Angele M95617 Outlet 
"This cross body besace, Ang��le, is chic and elegant with sophisticated details and stitching on leather trimmings. Can also be carried by hand.
"
The luxury goods industry in the process of economic downturn and frustration across the board, but a few. Consumers have tightened their purse on the occasion, the department store was forced to offer substantial discounts to clear inventory, resulting in the entire luxury industry sales in the first quarter hit. However, the economic recession while filling the most valuable brand is even more outstanding. For example, Louis Vuitton (LVMH). Although its watch and jewelry sales drop 27 percent liquor sales fell 16 percent, but the first quarter of the overall sales increase of 4 percent from a year earlier. This is because, as the company's largest business sector, and includes the Louis Vuitton brand's fashion and leather goods business, sales increased by 11%. Louis Vuitton, Gucci (Gucci) PPR company's star brand, its sales increased by 11%. But this is not enough to compensate for the decline in sales of the company's mass retail business, the company's total sales fell by 2.6%. Burberry classic tartan design the second half of fiscal year revenue growth of 2%. Burberry's up to 14.7 times expected earnings, one of the reasons is that it has a powerful world-class brand. Louis Vuitton and PPR, expected earnings of 13.8 times and 10.6 times respectively. Another distinctive of these brands is the wholesale and retail model differences. Investors may not have realized the advantages of the Louis Vuitton in this regard. Louis Vuitton brand products only within its own stores and department stores owned and self-boutique sales. Although this will increase the management fees and rental costs, but will bring about greater pricing power and to avoid the risk of third-party retailers to vigorously clean up the inventory (this risk will continue for at least six months). Due to long lead times, wholesale sales usually lag behind the economic cycle, so the real pain has only just come. For Burberry, wholesale sales usually account for about 40 percent of total sales. Three months as of the end of December last year, wholesale sales increased by 8 percent while retail sales fell 3 percent in the first three months of the year, wholesale sales have fallen sharply to 21 percent over the same period retail sales an increase of 3%. With the impact of economic cold wholesale business, the major U.S. department store Burberry2009 fall and winter inventory reduction of 20% -25%. Of its own stores of Louis Vuitton model also facing the risk of declining sales, but it seems better able to control the sales of their most important brand, its advantages outweigh the disadvantages. In difficult economic times, the brand hurts the most is the price. In saying so, the price-earnings ratio of the Louis Vuitton does not seem to be lower than the Burberry.
没有评论:
发表评论