Zero Growth In Ferragamo Asia Pacific Market

As of the first quarter of March 31, 2015

SpA Ferragamo operates 375 Direct stores and 262 third party operators.

Benefit from the positive impact of exchange rate Salvatore Ferragamo SpA Ferragamo first quarter

A sharp increase of 340 base points to 64.7%; operating profit margins increased by 30 basis points to 14.3%; EBITDA grew by 15.8% in the first quarter, from 52 million 763 thousand euros a year earlier to 61 million 81 thousand euros.

Salvatore Ferragamo SpA Ferragamo shares closed 29.35 euros on Wednesday, an increase of 2.59%. So far this year, the stock has risen more than 43%, and has performed well.

First quarter Salvatore Ferragamo SpA Ferragamo's weak performance was mainly affected by major markets.

The zero growth in revenue led to a 0.2% increase in the first quarter of the market to 119 million 900 thousand euros at a fixed exchange rate, 108 million euros in the same period last year, and an increase of 11% in real terms in the Asian market.

The Chinese market is the best performing market in the Asia Pacific market. In the first quarter, China's retail channel revenue increased by 22%, and there was an increase of 9% under the stipulated exchange rate.

The Japanese market was the best, with a 5.7% increase in fixed exchange rate and an increase of 4.8% in real terms, and an increase of 2.6% in the fixed rate of exchange in the North American market, with a real increase of 16.2% in the US dollar.

Salvatore Ferragamo SpA Ferragamo's performance is better than its Italy compatriots' brand Gucci Gucci and Prada Prada, thanks to the early development of multi category products. In the first quarter, the footwear category of branded footwear grew zero, while leather products increased by 8%. The actual exchange rate of these two categories of income increased by 8.6% and 15.7% respectively.

Brand clothing and perfume category recorded a drop in the first quarter, perfume sales plummeted 11.7%, and the real exchange rate also declined by 10.8%.

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IWC has expressed many brands on the world wide table. Many customers have attached IWC Connect devices on the IWC universal machinery table, because the introduction of their own brand of intelligent equipment is the only thing that will happen.

IWC did not provide more details about price and date of listing.

At present, the Rui watch brand in the field of smart watches includes Mont Blanc MontBlanc, TAG Heuer and other brands.

More Swiss brands join the ranks of smart watches.

Although Nick Haye has made many comments on irony Apple Watch, its brand of Swatch Group AG (UHR.VX), Swatch's chief executive, is entering the wearable field. The latest announcement of its smart watch is the group's high-end brand IWC universal watch.

The smart device, called IWC Connect, can be attached to the brand name of the IWC universal watch table. The device is placed on the watchband over this independent device to achieve real-time tracking and motion recording functions, rather than other smart watches through the dial, core and other intelligent functions.