Shopping GUCCI and COACH in HongKong
After having meal in HK time square, we strolled the stores of GUCCI and COACH, and tried some sunglasses, I buy a pair of COACH's sunglasses because COACH's glasses more suited for me. The GUCCI bag has on sale, but it unattractive, the most new style bag has a section belt metallic color deep coffee fabric quality of material belt butterfly knot knapsack was better, its price about 6,790HKD, didn't know how much money can Shanghai cheaper than HK, COACH' S bags price is about3,000HKD, GUCCI's sunglasses price is about 2,000HKD, COACH'S glasses is about 1,400HKD, this prices can give references for the people who want to buy this two brand's products.
The classic of LV and GUCCI defeat economy crisis
Even if the high-quality goods industry also draws back difficultly from the global economy crisis, but Louis Vuitton, (GUCCI) and Burberry compares receives attacks slightly, this two brands reveal its value to be at, although the economy is not booming.
The economy is not booming, the consumer had to consume more carefully, the merchandise industry therefore can not but sell at discount to clear stock, this result lead to the high-quality goods industry sale in first season of this year sharp drop. But crisis can more reveal the value of the most valuable brands. Such as LVMH,although their sale of watches and jewels were drop 27%, and the wines drop 16%, their total sale increase 4%, because the sale of fashion and leather increased11%. This is the biggest industry of LVMH company, surely include LV.
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The famous brand of GUCCI under PPR group, which increase the sale 11% in last season. But this could not make up the drop of retail sale industry of the group, the group total sale drops 2.6%.
Burberry, another high-quality brand, performance was not vulgar, the classical design helps its under semi-annual earning to grow 2%.
Burberry rely on its top grade brand of the world, causes this profit rate to reach as high as 14.7 times, LVMH and PPR profit rates compares respectively are 13.8 time and 10.6 times.
