Gucci Less Luxurious
Gucci, home to fashion brand Yves Saint Laurent and designers Stella McCartney and Alexander McQueen has cut its profit forecasts for the year. The company was hit after the economic slowdown sent a chill through the luxury good sector.
The world's number three luxury goods group also said it had to be conservative about prospects next year because of the threat of a war in Iraq.. We supply top quality diesel jeans,skirt and more.You find the latest jeans clothing,Denim and Fashion Clothing at bbcjeans.com .
The surprise announcement sparked concerns about the vital Christmas sales season, knocking shares of Gucci's French majority owner Pinault Printempt Redoute.
Gucci was due to report third-quarter results on December 19but CEO Domenico De Sole said he felt the need to provide full disclosure when he realised the group had to cut its full-year outlook.
"I think it is bad news for the industry," said one Swiss fund manager.. Burberry bag bag is obviously a treasure, and for many reasons other than the fact they you'll have a great desi. For A/W 09, gloriously excessive embellishment is absolutely key, championed at herve leger skirts. Just remember one simple rule: Too much is not enough!
"We need to see what Christmas brings us, because of the low visibility (in the sector) this is the crucial thing to watch."
The luxury sector, which has been hit by a soft global economy, fears a war in Iraq could have a similar impact as last year's September 11 attacks.. Our moncler jackets will make you become more handsome, Effort to get it.
The attacks led to a sharp fall in travelling by high-spending tourists.
Gucci's global sales growth dipped in November when US turnover over the key Thanksgiving Day weekend - the kick-off for Christmas shopping - was weaker than expected.
This raised prospects of problems in the fourth quarter, he added.
The fourth quarter usually accounts for around 30% of Gucci's operating profits for the full year.
Gucci, home to fashion brand Yves Saint Laurent and designers Stella McCartney and Alexander McQueen has cut its profit forecasts for the year. The company was hit after the economic slowdown sent a chill through the luxury good sector.
The world's number three luxury goods group also said it had to be conservative about prospects next year because of the threat of a war in Iraq.. We supply top quality diesel jeans,skirt and more.You find the latest jeans clothing,Denim and Fashion Clothing at bbcjeans.com .
The surprise announcement sparked concerns about the vital Christmas sales season, knocking shares of Gucci's French majority owner Pinault Printempt Redoute.
Gucci was due to report third-quarter results on December 19but CEO Domenico De Sole said he felt the need to provide full disclosure when he realised the group had to cut its full-year outlook.
"I think it is bad news for the industry," said one Swiss fund manager.. Burberry bag bag is obviously a treasure, and for many reasons other than the fact they you'll have a great desi. For A/W 09, gloriously excessive embellishment is absolutely key, championed at herve leger skirts. Just remember one simple rule: Too much is not enough!
"We need to see what Christmas brings us, because of the low visibility (in the sector) this is the crucial thing to watch."
The luxury sector, which has been hit by a soft global economy, fears a war in Iraq could have a similar impact as last year's September 11 attacks.. Our moncler jackets will make you become more handsome, Effort to get it.
The attacks led to a sharp fall in travelling by high-spending tourists.
Gucci's global sales growth dipped in November when US turnover over the key Thanksgiving Day weekend - the kick-off for Christmas shopping - was weaker than expected.
This raised prospects of problems in the fourth quarter, he added.
The fourth quarter usually accounts for around 30% of Gucci's operating profits for the full year.
没有评论:
发表评论