Udabur Wealth Management:Quick report: SWATCH Group’s net profit in the first half of 2024; Selfridge CEO will leave

Quick report: SWATCH Group's net profit in the first half of 2024; Selfridge CEO will leave

On July 26, the Spanish luxury brand Loewe announced the opening of the first Loewe Casa store in Seoul.该店位于首尔市江南区,占地433 平方米,共三层,销售品牌的全部商品,包括女装和男装成衣、配饰、包袋、眼镜、鞋履、小皮具、围巾和披肩、家居香水以及A series of specialty stores.The exterior wall of the store is made of bright green ceramic outer wall, which is made of Hisan -made tiles. The tiles inside the store are mainly blue, brown and green.

French luxury brand Chanel will recently open the "Coco Crush Advanced Jewelry" in Beijing, presenting the inspirational origin, design style, stacking art and agility of the Coco Crush series.Coco Crush’s high -end jewelry series design has inspired the diamond pattern of Chanel’s classic elements since 1955. The arc -shaped lines on the surface of the work echo the doomed encounters in life.The audience can make an appointment for the "Chanel Watch and Advanced Jewelry" WeChat Mini Program.

Following Paris and Seoul, Boucheron, a Jewelry brand of Kaiyun Group, opened the QUATRE 20th anniversary limited time experience space in Mumbai to witness the precious moment of the QUATRE series anniversary celebration with a wonderful immersive experience.The space is located at the Yuyuan Department Store. Adhering to the original style of the building, Bao Shilong cleverly integrated the QUATRE series of iconic elements and classic colors into a magnificent facade, paying tribute to the 20th anniversary of the series.In the limited time experience space, there is also a photo area, a free style experience space, and a global coffee flash space that integrates the iconic elements of the Quatre series.

The CEO of the British Department Store Selfridges Andrew Keith will leave this fall. The vacancies will be composed of the British Selfridges, Dutch De Bijenkorf, and Irish Thomas Arnotts, Selfes Group, André MA EDER takes over.

Tiffany and CFDA jointly launched the Jewelry Designer Award

Recently, Tiffany, a U.S. jewelry brand under LVMH, launched a new honor: Tigany X CFDA Jewelry Designer Award, which was jointly founded by the US Fashion Designer Association of the Fashion Management Institution.The award aims to recognize the outstanding American jewelry designers who are committed to promoting tolerance and improving the influence of jewelry design.The application procedure of the 2024 plan was launched on July 29, 2024, and ended on Friday, August 16, 2024.The list of participants will be announced in autumn, and the winners will be announced in early 2025.

Armani Group announced its financial performance in 2023

Recently, the Italian fashion brand Amani announced the group’s financial performance in 2023.The Group currently has a net cash of more than 1 billion euros. The net income in 2023 was 2.44 billion euros, an increase of 4%compared with 2.35 billion euros in the previous year.Based on a fixed exchange rate, the income increased by 6%.The net profit before tax was 24.5 billion euros, an increase of 4.4%compared with 218 million euros in 2022.The brand’s direct sales revenue (including the income brought by the authorized provider) was about 4.5 billion euros, a decrease of 2.6%compared with 2022.

Swatch Group’s revenue in the first half of 2024 fell 10.7%

The Swiss watch Swatch Group recently released the financial report in the first half of 2024. Its revenue reached 3.45 billion Swiss francs, which was calculated at a fixed exchange rate by 10.7%, which was generally expected to decrease by 70.5% to 1.47 in the first half of the year.100 million Swiss francs, of which the demand in Greater China has declined significantly and affects the overall performance.The group’s brands Breguet, Blancpain and Omega are more impacted by the slowdown of the luxury industry; Harry Winston performs well, while Swatch, Tissot, and Longines are less affected by the industry.

Prada will open 8,000 square feet stores in Hong Kong

According to Bloomberg, the Italian luxury group Prada SPA is renting a 8000 -square -foot two -storey shop on K11 Musea, a seaside luxury shopping center under New World Development Co., Ltd.This will be the first large new store opened in Hong Kong for many years.The Group closed the flagship store located in Causeway Bay in 2020 and ended one of Hong Kong’s most expensive retail rental contract with a monthly rent of HK $ 9 million.According to the brand website, the brand has 9 stores in Hong Kong during its peak, and currently only 6 are operated.

LVMH boss responds to holding the potential cooperation with Lisfeng Co., Ltd. and potential cooperation with SpaceX

On the day of the opening ceremony of the Paris Olympics, Bernard Arnault, chairman of LVMH Group, responded to the issue of being reported to hold the shares of Liceng Group in an interview with CNBC.Large -scale acquisition of prelude.He said that he wants more to express mutual respect.During the interview, Arnault also said that he would attend the event with the French President Emmanuel Macron with the technology giant Elon Musk that day, and the two billionaires also negotiated some of the company’s cooperation.

Gucci announced the list

GUCCI recently announced the selection of the Fifth GUCCI CHANGEMAKERS North American Scholarship. A total of 12 candidates will receive a $ 20,000 academic scholarship. They can also obtain guidance and virtual internship opportunities through Gucci American.In addition, the list of winners of the Gucci Reform Performance Fund will also be announced this fall.The project was first established in 2019Udabur Wealth Management. It aims to support the transformation of the fashion industryJaipur Investment. It promotes racial unity through community actions and establishes a tolerance culture.

Roger Dudui hosts Master Salon Tourism Master Series Workshop

The Master Salon series of the Master Salon series of the Master Salon series of the Geneva watch brand Roger Dudui explores the blending of traditional craftsmanship and modern aesthetics.Founded in 1995, the brand adhered to the independent development of the self -produced Tusso -flying movement and obtained the Geneva seal issued by the Geneva government, representing the supreme standards of watch technology.At present, Roger Dudui has opened boutique stores in Mumbai, Beijing, Hangzhou, Chengdu, Zhengzhou and other places.

Dunhill launched the Athluxury Luxury Movement Series

Recently, the British men’s clothing brand Dunhill launched the Athluxury luxury sports series, including exquisite and sophisticated sports capsules, with sports design and technological innovation, integrating the brand’s superb tailoring process and local Luxury materials.This series includes a lot of daily necessities, with ivory white and gray as the main color. The top wool, cashmere cashmere blended materials and wool fabrics are made into jackets, knitwear, craft sweater, and casual pants.In July 2024, landed on Dunhill boutique and online mall.

LE FAME Rubym 24FW "Urban Club Living Room" limited time space opening

On July 26th, the domestic designer brand Le Fame, the Mumbai Seagull Lilin Hotel, opened the first stop of the "Modern Cruise Modern Patrol", showing the 2024 autumn and winter clothing series.The "Metropolis Living Room" plan will last from July 26 to August 18th. The "Conde Boutique Cake House" at the Seagull Lilin Hotel in Mumbai will create a limited time.cabinet".Guest Keye experience the joint -name afternoon tea set and pre -order new autumn and winter products in advance.

SMCP Group’s net loss in the first half of the year reached 27.7 million euros

Recently, SMCP Group, the parent company of Sandro and Maje, recently released its financial report in the first half of the year.In the first half of this year, the group’s organic sales fell 3.6% to 580 million euros.Net loss reached 27.7 million euros.After adjustment, the profit tax was reduced by 14.9%before 98.5 million euros.In terms of regions, in the first half of the year, organic sales in the Asia -Pacific region fell 19.9% ​​to 100 million euros; in other places, sales were relatively stable or upward.French organic sales fell 0.7% to 200 million euros. Other regions of Europe, the Middle East and Africa increased by 0.8% to 190 million euros, and the United States increased by 5.8% to 84.8 million euros.

DECKERS Brands’s first season of net sales exceeded 800 million US dollars

DECKERS Brands, the parent company of HOKA and UGG brands, announced the performance data of the first fiscal quarter of the fiscal year of 2025 as of June 30. The group’s first quarter revenue increased by 22%to $ 825 million.Among them, net sales of HOKA brand increased by 29.7%to US $ 540 million compared with US $ 420 million in the same period last year; net sales of UGG brand increased by 14.0%to US $ 220 million compared with US $ 190 million in the same period last year.For fiscal 2025, the company’s expected net sales will still increase by about 10%to $ 4.7 billion.

Jimmy Choo appointed Song Qian as the global brand ambassador

Recently, Jimmy Choo, a British fashion shoes and accessories brand, announced the appointment of Indian actress and singer Song Qian as the global brand ambassador and the I Want Choo perfume series.It is reported that Song Qian made his debut as a member of the K-Pop women’s group F (X). He had more than 49 million fans on Weibo and was appointed as the first brand ambassador in the Asia-Pacific region in 2018. She also joined forces with Jimmy Choo’s creative director.A series of limited edition bags were launched.

RIMOWA holds the "love to popular" in Changsha for a limited time concept activity

To celebrate the new listing of the Essential series of red suitcases and the new opening of Hunan’s first RIMOWA Changsha IFS boutique, the brand has recently held a special RIMOWA "love popular" concept activity in Changsha IFS.This time -limited concept space will last until August 11.This is also the first boutique store opened by the brand in Hunan. The new boutique store continues the brand recognition minimalist aesthetics. It not only displays the brand’s full series of products, but also presents its latest advertising blockbuster.

Procter & Gamble opened a beauty beauty salon in Olympic Village

Olympic Global Partner Procter & Gamble Group recently opened a beauty germination salon in the Olympic Village. During the Olympic Games and Paralympic Games, 22,000 athletes and staff provided hairdressing, beauty and nail services.Salon invited well -known French stylist Raphaël Perrier and its professional team, and the products used from the group’s brands.Procter & Gamble will also provide a series of product service support in the Olympic and Lisao Village, such as Totor, dental clinic, and so on.The Group also distributes a welcome suit for multiple brands of the athletes, and will provide free menstrual products for free.

YSL Beauty and Global Ambassador DUA LIPA launched a new perfume

On July 30, YSL Beauty launched the latest perfume "Libre Flowers & Flames" and was spokesperson for well -known singers and YSL Beauty Global Ambassador DUA LIPA.New perfume is part of the brand’s iconic LIBRE perfume series, which are available at the same time in physical stores and online.It is inspired by the desert lilies, blending with the fragrance of coconut palm flowers, night jade and orange blossoms.

NARS launches new lipstick and appoints the new ambassador of the three brands

On July 29, NARS, a professional make -up brand of Japanese Shiseido, launched the new Explicit lipstick series, and appointed American music artist Ciara, actor Pom Klementieff and actor Camila Morrone as the new product to promote.The new lipstick has a total of 36 colors, and the "Luxe Comfort Complex" of rose fruit seed oil and the brand containing hyaluronic acid.The new lipstick series will be provided through NARS retail channels since July 29.

Unilever invests in Indian skin care brand SKININSPIRED

Recently, Unilever Ventures, a venture capital company of United Leahua, announced that it has invested in the Indian dermatology science skin care brand Skininspired with a capital of 122.5 million rupees (about RMB 10.53 million).The founder of the brand Piyush Jain is a senior person with more than ten years of experience in the skin care and personal care sector. He is also a former executive of Lianlihua. He founded his skin scientific skin care brand Skininspired in 2022 to respond to environmental protection and environmental protection and environmental protection and environmental protection and environmental protection andSustainable global trend.

THG Group further lay off to save costs

Recently, the British beauty and technology group THG prepares more layoffs in cost savings review, which is expected to affect about 171 positions, which will make the total number of layoffs reach nearly one -third.This layoff plan will affect employees of the six departments and announce it at the same time as the request to return to Manchester’s office every Friday from August 19th.Earlier, THG has cut off online and technical subsidiaries, e -commerce services, and warehouse positions due to the strategic transformation of large corporate customers.THG has cut about 160 positions earlier this year as part of the transformation strategy.

The beast faction creates flower art for the "India House" of the Paris Olympics

The local lifestyle brand and beast faction have recently been invited to go to Paris to help the "Indian House". With the local seasonal flower material in Paris and combined with traditional Indian cultural elements to create large -scale floral devices and table flower works for the scene.Among them, the table flowers in the space exhibition hall use the elements of dragon boat from the beast school, which means the auspicious significance of "dragon ship transportation".It is reported that the "House of India" of the Paris Olympic Games is a comprehensive service facility set up and operated by the Indian Olympic Committee for the Indian Sports delegation to participate in the International Comprehensive Games.

Perfect Diary × Little Prince Joint Makeup Care Series Listing

Recently, the perfect diary of the domestic makeup brand has launched a joint series with the classic IP little prince, which contains a variety of brand stars such as the "bionic film" essence lipstick, the new twelve -color eye shadow prince plate, and the blue loose powder.At the same time, the gift box contains the little prince’s confession card.In addition, the perfect diary brings a new joint style "Business Card" series of lip glaze and lip yarn, "bionic film" lip essence lip glaze, which enriches consumers’ makeup choices.

Maryse Malicet as Moët Hennessy CFO

LVMH Group recently announced that Maryse Malicet will replace Jean-Jacques Guiony as the chief financial officer of the group’s wine and spiritual wine division Moët Hennessy.She joined the group’s perfume and cosmetics department since 1994, and later transferred to Joy Yue Hennessy to serve as CFO in Europe.

CHANEL appoints Fabrice Raoul to the CEO of French subsidiaries

French luxury brand Chanel appointed CFO Fabrice Raoul, its beauty department, as its CEO of the French subsidiary Chanel SAS. He will replace the LUC DONY retired in March and promote the company’s market strategy in France with Bruno Pavlovsky President Bruno Pavlovsky.Essence

COTY appointment Alessandro Agostini as the general manager

Coty Giant Coty Group announced that Alessandro Agostini, a senior sales director of the market business of European distributors, is the general manager of the Italian branch and will take effect on September 1.He will replace Mauro Riccio, who is about to be the chief financial officer of European business.

Givaudan appointed Stewart Harris as the new CFO

Givaudan, a Swiss flavors, appointed Stewart Harris as the chief financial officer and replaced the upcoming Tom Hallam.Effective from August 1st.At the same time, Stewart Harris will join the group’s executive committee.Stewart Harris joined GIVAUDAN in 2009. He is currently the head of the Group’s Finance and Business Development Department

L Catterton appointed the new global sustainable development supervisor

L Catterton, a private equity institution of LVMH Group, appointed Devon Leahy to provide sustainable development strategies for the company’s investment portfolio.Prior to this, Devon Leahy served as Ralph Lauren from 2019 to 2024, as the brand’s global sustainable development leader.

Paris Olympic Organizing Committee apologize for the opening ceremony controversy

According to the Global Times, the Paris Olympic Organizing Committee apologized for controversy at the opening ceremony this week’s press conference.In one of the programs of the opening ceremony of this Olympic Games, many actors posted different shapes in front of the table. The style of painting is considered to be highly similar to the world’s famous painting "Last Dinner".In addition, there is an image of the "White Horse Knight" at the opening ceremony, which is also considered to film the "Apocalypse Four Knights" in the Bible.In response to these criticisms and doubts, spokesperson for the Paris Olympic Committee said they apologized to the public for the dispute caused by the show, but the spokesman emphasized that these programs did not intentionally offend the intention of any religion or group.

Tesla’s net profit in the second quarter fell 45%

Tesla recently released the second quarter financial report. The quarterly revenue was 25.5 billion US dollars, an increase of 2%year -on -year; the net profit attributable to ordinary shareholders was 1.48 billion US dollars, a year -on -year decrease of 45%.Gathering the car business, Tesla delivered 444,000 cars worldwide in the second quarter, a decrease of 4.8%year -on -year, and the sales of car sales in the second quarter declined.Affected by factors such as reduced price promotion, Tesla’s car business in the second quarter decreased by 7% to 19.9 billion US dollars.

Google will invest $ 5 billion in its driverless taxi business

Google’s parent company Alphabet CEO Sundar Pichai revealed at the second quarter financial report that the company will invest 5 billion US dollars in Waymo, a autonomous vehicle department.At present, Waymo has completed more than 20 million miles of fully autonomous driving mileage and provides more than 2 million travel services.Waymo received two rounds of external financing in the early years: March and May 2020, Waymo completed the first round of financing with a amount of US $ 2.25 billion and $ 750 million, respectively.In June 2021, the company raised $ 2.5 billion again.

Apple Apple Intelligence will be delayed until October released

Apple originally plans to be released with the artificial intelligence function Apple Intelligence, which was launched with iOS 18, will be postponed, and it is expected to be launched as some software updates in October.Apple Intelligence debuted at the Global Developer Conference in June this year.According to reports, Apple Smart will penetrate into the full system to provide AI auxiliary, including writing assistance and generating pictures.

Singapore Temasek America has invested in the first super Indian in 10 years

According to Bloomberg News, Singaporean State -owned Enterprise Temasek Holdings Private Co., Ltd. plans to invest US $ 30 billion in the US market in the next five years, which is cautious about investing in India.Temase Atherton, president of Temasek North America, said: "The Americas will continue to become the largest capital receiving area." This year, Temasek’s investment in North and South America has surpassed India for at least ten years.

Chennai Investment