Versace'S Performance Loss Increased &Nbsp; Closing Stores To Reduce Expenses.
Versace
The board of directors passed the annual performance report of 2009.
The company's operating deficit was 49 million euros.
The poor performance is mainly attributable to the annual special expenditure of up to 37 million euros.
Versace said in a statement that its performance reflected the world.
Latest fashion
As well as the decline in luxury consumption, and the results of restructuring programmes aimed at ensuring the brand's solid development prospects.
The scheme plans to close 250 stores, accounting for 1/4 of the total retail sales.
Sales of this luxury fashion and accessories brand declined from 336 million 300 thousand euros in 2008 to 268 million euros in 2009.
The global financial crisis brought about by 2009.
Luxury goods
Consumer demand has dropped sharply, or consumers are buying cheaper products.
Versace general manager Gian Giacomo Ferraris expects the group to make profits in 2011.
Based on the analysis of more than 10 banks and research companies in April, the Altagamma foundation showed that Italy's luxury goods sales prospects are very optimistic in Asia, South America and the Middle East.
- Related reading
- Fashion makeup | These 4 Points Depend Mainly On The Woman Who Can Wear Clothes.
- Fashion item | 2020TCE Clothing Custom Exhibition Nanjing Unreal World Dust World Advanced Customization
- I want to break the news. | Seized Calvin Klein, CHANEL ", ", HERMES Gucci3, More Than 10000 Fake Exports.
- market research | How Can The Fashion Industry Copy And Draw Lessons From A Clear Line?
- Celebrity interviews | Xu Kunyuan, Deputy Minister Of The Former Ministry Of Textile Industry, Is Always In My Heart.
- Fashion blog | Famous Artist Zhang Quan's Trend Brand Reviews Childhood Dreams
- Bullshit | Red Charming And Enchanting Is The Most Suitable Sex And Fashion For Women.
- Entrepreneurial path | Clothing Store Shop Decoration Design Points!
- Commercial treasure | Flower Autumn Autumn: How Does Clothing Store Display Information About Seasonal Change Of Goods?
- Entrepreneurial path | What 10 Major Misconceptions Should Be Avoided To Locate Women's Brand Franchised Stores?
- Shan Shan Clothing Brand New Array "First Response After Induction"
- Frequent Recruitment In Hainan Public Institutions
- Portrait Of Kan Mi Youn, A Korean Singer, Is Pure.
- Where Is The 110 Thousand Ton Of Electronic Waste Dismantling Pollution In Guangzhou?
- The First Union Standard Of Jiangsu, Zhen Ze Silk Quilt, Was Born.
- The Ministry Of Finance Decided To Cancel The Export Quarantine Fee For Needles And Garments By 30%.
- The New Version Of The International Eco Textile Standard Comes Into Effect.
- US Consumer Registration For Durable Infant Products Will Take Effect From June.
- Fergie Shakira, South Africa Celebrates The World Cup With "Armor".
- BA CEO Abandoning Dividends Due To Losses And Strikes