Canada yoga clothing manufacturer Lululemon days ago released the fiscal third quarter earnings. During the reporting period, Lululemon realized net sales of about $619 million, a year-on-year increase of about 14%, mainly from the growth of sales of stores and e-commerce platforms. However, its net profit was reduced by 13.7% due to the restructuring of the Ivivva girls’ business line. Earlier this year, Lululemon said it would close about 40 Ivivva stores this year, a total of about $22 million 200 thousand in spending on business restructuring.
In addition, the rapid development of the electricity supplier in the business case, Lululemon said at the end of the third quarter and opened a new site, but also optimize the online store consumer experience, plans to store into a community space, provide a “store yoga” services, enhance consumer participation and experience. Lululemon also revealed that it plans to open 22 “seasonal stores” around the world in the future to meet the different needs of consumers.
Recently, Gucci’s parent company opened a new position, the Chief Client and Digital Officer. It is a former eBay manager Gregory Boutte. It is mainly responsible for the group’s e-commerce, CRM and number management business. According to people familiar with the matter, the appointment conveys that Kai Yun group is preparing for the independent self catering business, and it may launch a multi brand e-commerce platform in the future.
This move with the earlier LVMH group hired Ian Rogers Apple group responsible for the group’s digital similar, and the LVMH group in June this year launched its first multi brand luxury business platform of 24 S vres, which contains about 20-30 LVMH brand, but also contains Gucci, Prada and Valentino other brands of clothing accessories.