299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Translated by
Barbara Santamaria
Published
Jan 2, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Liu Jo sales rise 7% in the year to September

Translated by
Barbara Santamaria
Published
Jan 2, 2018

Liu Jo has ended the third quarter on a high note. The Italian brand’s recently submitted accounts have revealed sales for the nine months to 30 September of 269.7 million euros ($342.7 million), up 7.4% on the previous year.

Liu Jo sales increased by 7% in the first nine months of 2017 - Liu Jo


Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 56 million euros ($67 million) in the first nine months of the year, increasing by 8% on the same period a year earlier.

Pre-tax profit also grew and totalled approximately 45 million euros ($54 million).

According to the company, the sales growth seen during the period is a result of an evolution towards a multichannel strategy, due mainly to increases in its retail channels.

In the report, Liu Jo also highlighted the strong performance of its ecommerce channel, which is becoming increasingly important for the brand and followed the same positive trend with a year-on-year increase.

A closer look at the results reveals that the brand is becoming stronger in France, and continues to grow in Benelux, Russia, and the Iberian Peninsula, which helped boost sales in Europe, the Middle East and Africa (EMEA) by 9%.

The Italian brand has a worldwide presence with 350 standalone stores and 5,000 multi-brand spaces across the world. During the period, it opened 43 new directly-operated sites, franchised stores, outlets and concessions.

Additionally, Liu Jo has announced plans to roll out several new stores this year, with the line-up including a new location in Moscow.

“The results for the nine months of 2017 are positive and confirm a rewarding year for us in several fronts, not only in terms of business but also in terms of brand visibility growth. We are trying to work in an increasingly focused manner and I am sure that in 2018 we will continue along the same path of consolidation and growth,” said Marco Marchi, CEO and creative director of the brand.

Liu Jo sells ready-to-wear fashion, jewellery, watches and underwear for women.

Copyright © 2024 FashionNetwork.com All rights reserved.