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Gucci a net increase of one store only, 6 in the decoration of the old

 Xie said a few days ago, luxury giant kaiyun said the 2014 fiscal year first quarter, group sales of 2.4 billion euros in the reporting period, only an increase of 4.1%. Among them, the most market attention two brand Gucci and PUMA's business in the quarter to no avail.Luxury luggage rackEarnings in the first quarter, nike air max 90 sale   Gucci and recorded only comparable sales growth of 0.3%, less than analysts ' forecasts of 0.5% according to the actual exchange rates, sales fell 3.2% to 838 million euros. In the first quarter, Gucci a net increase of one store only, 6 in the decoration of the old shop. At the end of March 2014, global stores a total of 475.Kaiyun Group CFO Jean-MarcDuplaix analysts after the earnings, said Gucci's sales in China are still declining, but "the situation is improving."In addition, PUMA continues to weigh on the Group's sports and lifestyle

 sectors. PUMA totaled 730 million euros, down 6.6%, 0.4% per cent on a comparable basis.On this premise, kaiyun group will be restructuring May luxury sector, the establishment of "luxury, Haute Couture and leather goods" sector, as well as "luxury watches and jewellery" sector, two department heads report directly to the   nike air max 90 womens  Chairman of the group.Prior to this, the kaiyun group starting from 2010 slim gradual sale of its other businesses, focusing on luxury goods and sportswear business. Has sold include United States outdoor gear and clothing company, The Sportsmans Guide Inc, online golf retailer The Golf Warehouse Inc brand OneStopPlus, plus size clothing, children's clothing and household sectors Cyrillus, Vertbaudet catalogue mail order business, Ellos Nordic textile and apparel brand, and Jortex, and so on.As kaiyun Group's old rival LVMH group

 have not been idle. Although LVMH in 2013 sales of 29.1 billion euros, an increase of 4%, organic growth 8%, group net profit to 3.436 billion euros, roughly in line with 2012. But Louis Vuitton in China in 2013 sales grew only about 1%.LVMH continues "quit when you are ahead" strategy, whether mainland France brand, also is Spain, and Switzerland and the United States, and Italy and so on, are affiliated with the luxury brands, few will compete on the breadth of the brand, last year acquired the Loro Piana knitwear world's top brands.Within the group, LVMH will shake up its watch and jewellery Division. Former director Francesco Trapani in the watch and jewellery sector on March 1, after leaving office, clocks ship component will be headed by Yu rang•kelaode•bifu took over as Chairman of the Board, he also will be responsible for the Group's two other watch brands, Zenith Tag Heuer; temporarily by Group Managing Director Antonio Belloni will make the jewellery sector.LVMH promoted Beaver, is clearly valued his marketing ability

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