LVMH first half net profit fell 6 percent to 1.577 billion euros fastest growing retail boutique

Recently, the French luxury goods group LVMH ( LVMH ) announced the first half of fiscal year 2013 reported earnings , the Group's first-half revenue 13.695 billion euros , an increase of 6%. However , operating profit increased from 2.659 billion euros last year by 2% to 2.712 billion euros , less than analysts expected 2.75 billion euros , while net profit fell 6% to 1.577 billion euros .

"For the net profit or undesirable for two reasons : First , open up new markets requires a lot of pre- investment ; Second, although there are some new entrants to the consumer , but we also have some high-end consumer is exiting its customers camp. "luxury experts , Fortune Character Dean Zhou Ting admitted , however LVMH influence the overall market is still very large .

Performance is not ideal fashion and leather goods

Investment Advisor in the retail industry researcher Du Yanhong seems that this year , LVMH brands continued development and presents a more favorable trend in Asia, Europe , America and other markets have performed in line with market expectations. Sub-regional perspective , the market demand in Asia is gradually released , follow LVMH 's performance will be more contribution from the Asian region , LVMH will continue to increase investment in the Asian region , for different brands in the market and the performance to be adjusted.

Although LVMH said that the Group 's market share of all brands has improved , the United States , Japan and Asia also continued good growth momentum , the difficult economic environment in Europe can achieve growth, but LVMH 's flagship brand LV belongs fashion and leather goods sector the performance is not satisfactory.xzzqlcy$0801