×
2 366
Fashion Jobs
NORDSTROM
Assistant Manager - Asset Protection - Eaton Center
CDI · Toronto
NORDSTROM
Asset Protection - Agent - Heartland Town Center Rack
CDI · Mississauga
LULULEMON
Assistant Manager, Operations | Upper Canada Mall
CDI · Newmarket
AESOP
Part-Time Retail Consultant | Aesop Kitsilano
CDI · Vancouver
LULULEMON
Assistant Manager, Operations | Bower Place
CDI · Red Deer
SHISEIDO
Director, Human Resources
CDI · Markham
MICHAEL KORS
ft Sales Supervisor
CDI · Mississauga
ADIDAS
Senior Finance Manager, Commercial
CDI · Vaughan
ADIDAS
Director of Finance - Adidas
CDI · Vaughan
MICHAEL KORS
Full Time Sales Supervisor - Scarborough Town Centre
CDI · Toronto
LULULEMON
Assistant Manager, Operations | Scarborough Town Centre
CDI · Toronto
LULULEMON
Assistant Manager, Operations | Lululemon Abbotsford
CDI · Abbotsford
NORDSTROM
Asset Protection - Security Ambassador - Pacific Centre
CDI · Vancouver
NORDSTROM
Asset Protection - Agent - Pacific Centre
CDI · Vancouver
AESOP
Retail Consultant | Eaton Centre
CDI · Toronto
TJX CANADA
Loss Prevention Customer Service Agent - Thunder Bay
CDI · Thunder Bay
WINNERS
Jewelry Consultant, Full Time, Winners & Homesense, Coquitlam
CDI · Coquitlam
MICHAEL KORS
Superviseur Des Ventes Dix30/Sales Supervisor ft- Dix30
CDI · Brossard
ON RUNNING
Sales Representative
CDI · VANCOUVER
TAPESTRY
Sales (Bilingual) Supervisor i
CDI · Halton Hills
MICHAEL KORS
Gestionnaire Des Ressources Humaines – Canada/Human Resources Manager – Canada
CDI · Montreal
ESTEE LAUDER
Associate Consultant - Clinique - Toronto, on
CDI · Toronto
Translated by
Nicola Mira
Published
Feb 7, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sportswear brands, French luxury groups post striking stock market results in 2019

Translated by
Nicola Mira
Published
Feb 7, 2020

According to consulting firm Pambianco, the top fashion and luxury performers on the stock market last year were sportswear brands and French luxury groups. Italian luxury labels were flat, save for Moncler and Prada.


French luxury group LVMH was one of the top stock market performers in 2019 (here, Emma Stone in Louis Vuitton’s S/S 2020 campaign) - Instagram/louisvuitton

 
Among sportswear brands, the most successful on the European stock markets were Puma, whose share price rose by 66.1%, and Adidas, which posted a 59.5% increase. In the USA, the leaders were Skechers, whose share price was up 87.5% after the group closed Q3 with a 15.1% sales increase, reaching $1.35 billion (€1.2 billion), and Lululemon, whose share price also skyrocketed, rising by 87.1%. Behind them stood Nike, with a 37.6% share price increase, boosted by a Q2 revenue of $10.3 billion (€9.2 billion), equivalent to a 10% rise, and a $1.1 billion net income, equivalent to a 32% upturn. Two other sportswear brands that recorded a creditable performance on the US stock market were Columbia Sportswear, up 20.4%, and Under Armour, up 15.4%. In Asia, the top sportswear brand on the stock market was Asics, with a 34.8% share price increase.
 
In the luxury goods sector, the share prices of French giants LVMH, Kering and Hermès rose respectively by 66.3%, 48.5% and 40.6% on the Paris stock exchange. In Q3 2019, Bernard Arnault-led LVMH recorded a 17% revenue rise (organic growth was 11%), reaching €13.3 billion; Kering posted a 14.2% revenue rise based on reported figures, reaching €3.88 billion; while Hermès grew its revenue by 18% to €1.72 billion, driven by its performance on the Chinese market. Moncler’s share price increase was among the highest, rising by 39% due both to a strong Q3 revenue result, with a 12% upturn, and to the rumours about a possible sale to Kering, which were later dismissed.

In the USA, the performance of home-grown luxury groups was weak, except for Tiffany, whose share price rose by 66.9%, boosted by the announcement of the acquisition by LVMH. The share price growth of Ralph Lauren (up 13.3%) and PVH (up 11.4%) was less remarkable, while downturns were recorded by Capri Holdings (down 3.6%), Tapestry (down 18.7%) and Canada Goose (down 19.3%). In Asia, Prada posted a strong share price performance with a 27.9% rise, after closing H1 with a net revenue of €1.57 billion, up 2% at current exchange rates.
 
In Europe, the leading fast-fashion groups bounced back after a disappointing 2018. The top performer in 2019 was Italian group OVS, whose share price rose by 77.4%, and is gradually gathering momentum, after hitting rock bottom in 2018. Strong share price performances were also recorded by Next (up 70.6%), H&M (up 58.4%) and Inditex (up 43.7%).

Copyright © 2022 FashionNetwork.com All rights reserved.