How Can Jil Sander Continue To Slide In Its Parent Company?

Warm winter last year has become an excuse for many brands to make financial data worse than expected.

Recently, warm winter continues to take pot.

It is reported that Jil Sander's parent company has released its revenue in the 2016 fiscal year, and its revenue continues to decline.

For fiscal year 2017

The group said revenue will continue to decline, which is expected to decline to 3.6% yen to 254 billion yen, while operating profit to 19.1% yen to 4 billion 500 million yen.

It is reported that in the 2016 fiscal year ended February 28, 2016, the total recorded a decline of 6.4% to 263 billion 516 million yen, a decline compared with the first half of the 5.0% has increased significantly.

This shows that the group's performance decline has intensified in the second half of the year, which is still not serious.

Meanwhile, the group's operating profit recorded a huge drop of 34.1% to 3 billion 778 million yen.

In general, both

Or the local market, all recorded high digits or even double-digit declines.

As a result, the group made a loss of 637 million yen.

And the above pots, the group said, were weak.

Mainly affected by the downward trend of the global economy, meanwhile, the impact of warm winter on sales and consumer sentiment is also the reason why the Group recorded weak data.