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Versace Online Sales Increased By 17.5% Over The Same Period Last Year.

2016/3/29 10:08:00 33

VersaceMen And Women WearElectricity SupplierLuxuryRetailOnline BusinessSalesMarket

The results showed that as of December 31, 2015, the group achieved good growth in all major markets, the growth rate in the European market was 33%, and the growth rate of 36.6% in the Chinese market helped the Asian market increase by 26.7%, and the growth rate in the North American market was 27%.

Channel, group retail channel sales grew 28.9% to 400 million euros, wholesale channel sales fell 0.4% to 195 million euros.

At the same time, the group's online channel sales increased by 31.2%, and the rapid growth also made chief executive GianGiacomoFerraris say that it will further develop in 2016.

Online retailers

Business.

In terms of product line, the group's main line brand Versace has achieved 23.6% growth, and the proportion of men's and women's clothing category revenue is basically flat.

Vice line brand VervusVersace benefits from

retail

Doubling and wholesale growth increased by 21.4% to 37 million euros.

In spite of

Luxury goods

In 2015, sales and profits doubled, but Ferraris expressed "cautiously optimistic" in 2016. The reason is that the first quarter of this year has seen ups and downs, and the annual variables are also increasing.

The group plans to invest 50 million euros this year to open new stores and renovate existing stores.

At present, the group has 30 stores in China.

In addition to its performance, GianniVersaceSpa's listing is also receiving constant attention.

Versace group, a group controlled by Versace family, launched a 20% stake in Blackstone Group, a private giant, in an effort to raise funds and expand its stores.

At present, the group is still preparing for IPO, but the schedule is not yet determined.

Ferraris previously expressed the hope that IPO would be listed as soon as possible, not only in Italy, but also in London and Hongkong.


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