2012年10月16日星期二

Replica Louis Vuitton Handbags Are Fashion-savvy

Paris, Oct 16 (Reuters) - French luxury goods group LVMH said its flagship brand Replica Louis Vuitton showed no significant like-for-like sales growth in the third quarter slowdown in recent three months.
Headquartered in Paris, to calm investors' concerns, the growth of the brand losing momentum, particularly in Asia, after years of strong growth, sending shares rose 3.6% to close at € 128, 25.
There is no "in the third quarter and the second quarter compared to a significant slowdown," LVMH Finance Director Jean - Jacques · Guiony said in a conference call with analysts on Tuesday, the day after reporting third-quarter revenue sales.
"Our numbers are pretty comparable Louis Vuitton second quarter."
Guiony, however, has not been "slow here and there, especially in Asia outside of China, where there is less flow of tourists compared to the same period last year, this year.
Chief Financial Officer, said, no decrease in demand for products of Louis Vuitton LV - including embossed tote bag, valued at 600 euros ($ 780) - But the comparative figures for the same period last year.
Worldwide sales of Louis Vuitton, Guiony said: "Europe is a little higher, a little lower and China (the first half), the low single digits (growth).
Consulting, Bain & Company, predicted that global growth of luxury goods sales will drop to 10% this year, from 11% in 2011, calculated at current rates.
"The fastest growing Vuitton" Guiony said.
Fashion-savvy
This is the world's largest luxury brand in terms of sales revenue of 700 million euros, 75% of the Louis Vuitton parent company LVMH fashion and leather sales.
Luxury Investors have worried about Chinese consumers have begun to fall in love with brands like Louis Vuitton and Gucci, they become more fashion savvy.
Some investors also believe the Chinese government to fight corruption, along with the growing criticism of conspicuous consumption, encourage Chinese consumer to select the logo of the brand, the luxury more cautious.
In a report published on Monday, Bain said, China has become the biggest luxury buyers ahead of the Japanese, Americans and Europeans. They are also becoming more and more complex, "brand logo is the result of exposure to products of absolute quality.
Guiony admit there is a "wait and see" among the Chinese luxury goods due to the change of the current government buyers, predicted fade until the "fourth quarter".
Replica Louis Vuitton fashion and leather goods sector generated revenues in the third quarter rose 5% and 8%, the second quarter and the first three months for 12 years.

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