Cambridge Satchel Revenue Declined Last Year.

Cambridge Satchel Company founder Julie Deane pointed out that in 2014 the company focused more on consolidating business and investment expansion, so last year's disappointing performance was only a short-term phenomenon.

Last year,

The new top management team has been appointed, the global e-commerce website has been re launched, new product categories have been launched, and logistics and warehousing systems have been improved.

It also increased sharply from 73 in 2013 to 103.

Development to the sixth year, how to maintain strong growth to become Cambridge Satchel Company

The most urgent problem for Cambridge bag company is to solve.

Although Switzerland's Vc firm Index Ventures got a $21 million share in the early 2014 to accelerate its expansion and expansion, Cambridge Satchel Company still had a significant decline in its annual revenue and earnings.

In the past fiscal year, Cambridge Satchel Company plunged 21.1% to 10 million 100 thousand pounds compared to the same period last year, while the 2013 fiscal year income was 12 million 800 thousand pounds, operating profit from 4 million 800 thousand pounds to 1 million 800 thousand pounds, a decrease of 60.9%.

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French Connection Group PLC expects retail sales in the first half of fiscal year to be significantly worse than in the same period last year, and retail business accounts for 60% of the group's total revenue.

Wholesale business, thanks to the year-on-year growth in orders, is expected to meet expectations.

Authorized business continues to perform strongly.

In the 2014/2015 fiscal year ending January 31, 2015, French Connection Group PLC revenue fell 5.8%, down from 189 million 400 thousand pounds in the previous year to 178 million 500 thousand pounds, and a 4.1% decline in fixed exchange rates, of which retail income fell 12.1% by wholesale stores, while wholesale income increased by 4.6%. The group's gross profit margin was 46.7%, down 90 basis points year-on-year.

The annual operating deficit narrowed to 800 thousand pounds in the previous year at 4 million 400 thousand.

Cantor Fitzgerald LP analyst Freddie George believes that the performance of French Connection Group PLC is disappointing. He has reduced the group's pre tax profit for the year ended January 31, 2016 to a loss of 3 million 500 thousand pounds from a profit of 500 thousand.