The number of LVMH stores worldwide is approaching 5,500

According to Fashion Business News, as of the end of June, the number of stores owned by LVMH, the world’s largest luxury goods group with nearly 80 brands, has reached 5,409 stores, approaching the 5,500 mark, a record high. A net increase of 406 stores in the first half of the year, 330 of which came from the newly acquired American jewelry brand Tiffany.

By region, the Asian market where China is located has 2,123 LVMH brand stores, accounting for about 39% of the total, followed by the European market, with 1,727 stores. stores, with 998 stores in the United States and 570 in other parts of the world. Extended reading: LVMH has nearly 5,500 stores worldwide, nearly 40% of which are located in the Asian market

02

Jigsaw may be acquired for 27 million pounds

According to According to British media reports, Jigsaw, a British fashion brand owned by Robinson Webster, recently received an offer from investor Henrik Madsen, who intends to acquire Jigsaw for 27 million pounds and push Jigsaw into a higher-end market. However, sources close to Jigsaw revealed that the sales process has not yet begun and questioned whether Henrik Madsen could come up with the ￡27 million. As of now, neither Jigsaw nor Henrik Madsen has responded to the transaction.

03

Analysts are worried that lululemon’s valuation is too high

According to Fashion Business News, lululemon will announce 2021 after the market closes on September 8, Eastern Time In the second quarter financial report, the market generally expects revenue to be US$1.33 billion, compared with US$903 million in the same period last year, a year-on-year increase of 47.29%. Earnings per share are expected to surge 59.46% to US$1.18.

However, what worries analysts and investors is that lululemon’s stock price has fallen by about 2.5% in the past year, while the S&P 500 index has risen by 27%, with a price-earnings ratio as high as 56 times. The market’s valuation of it Controversy has arisen. As of Monday's close, lululemon's market value was approximately US$50.5 billion. Extended reading: Depth | How far is lululemon from the ceiling?

04

Leersdan expects a loss of no more than 5 million in the first half of the year

Leersdan recently issued a profit warning, expecting a comprehensive loss of 29.795 million attributable to shareholders of the company compared with the same period last year Compared with RMB 5 million, the group's comprehensive loss attributable to shareholders in the first half of the year did not exceed RMB 5 million. In the second quarter of this year, Leersdan's self-operated retail business revenue fell 17.3% year-on-year, same-store sales also recorded a 14% decline, while e-commerce business recorded a 2.2% growth. As of August 31, the group had 389 retail stores in China.

05

Ted Baker may cooperate with Secret Sales to clear excess inventory

British high-end clothing brand Ted Baker has been rumored to establish a cooperative relationship with Secret Sales. Launch a digital platform called "Always On" to clear excess inventory by selling at full price. The platform will then become Ted Baker's only discount channel, aiming to maintain a more long-term, stable and sustainable connection with consumers, while also Can attract new customers.