Author：Little sun Compile：Azure Source：GPLP On May 24, Roger&Gallet notified members in a text message: Roger&Gallet ‘s Tmall flagship store will be officially closed on June 30. At the same time, Roger&Gallet also issued a closing announcement at the Tmall flagship store. And this also means that, to a large extent, Roger&Gallet will withdraw from the Read more about L’Oréal can’t save Roger&Gallet that fails to take a foothold in the Chinese market[…]

Author:Xia Xiaodou Compile: Hanlu Source: GPLP In order to stimulate consumption in the car market, many car brands have offered discount activities, and Cadillac CT5 has also done so. Dealers in Beijing and other cities recently offered cash discounts of up to 70,000 yuan for Cadillac’s CT5 series, according to media reports. And this isn’t Read more about Why is Cadillac CT5 not popular? Half-year sales on the market are not comparable to the old model XT4[…]

Author: Azure Compile: value Source: GPLP The Performance Growth is Synchronized with the Debt Level of Gang Long Group. Following the invalidation of the first prospectus on April 22, Gang Long Group Co., Ltd. (hereinafter referred to as “Gang Long Group”) submitted the prospectus to the Hong Kong Exchanges and Clearing Limited (HKEX) on May Read more about Gang Long Group Re-IPO: the Asset-liability Ratio is as High as 287%, Three Times Higher than the Industry Average[…]

Author: Xing Tao Compile: Xia Xiaodou Source: GPLP Recently, Jia Mingdi, general manager of SAIC Volkswagen Sales Co., Ltd., in a media interview, responded positively for the first time to questions about the results of the Passat C-IASI test at the end of 2019.Jia Mingdi said that the proportion of 25% offset collisions accounted for Read more about SAIC Volkswagen executives responded to Passat ’s “crash door” for the first time saying that 25% of the offset collisions were amplified[…]

Author：Xiao Xiaodou Compile：Hanlu Source：GPLP Recently, Taycan, Porsche’s first pure electric vehicle, was fully launched in China. The official price of Taycan Turbo S is 1.798 million yuan, the official price of Taycan Turbo is 1.498 million yuan, and the official price of Taycan 4S is 1.148 million yuan. As early as entering the market in Read more about Porsche pure electric car Taycan starts selling，performance and price are not as good as Tesla, can it be recognized by consumers？[…]

Author： Li Zhujiang Compile：Xia Xiaodou Source: GPLP On May 11, Tencent Music (TME.NYSE) released its unaudited financial report for the first quarter ended March 31, 2020, claiming revenue of 6.311 billion yuan, a year-on-year increase of 10.02%; net profit of 887 million yuan, a year-on-year down 10.13% Tencent Music’s revenue was lower than market expectations. Read more about Tencent Music’s first-quarter revenue didn’t meet Wall Street’s expectations:17% cost increased, gross margin declined[…]

Author：Xia Xiaodou Compile：Azure Source：GPLP L Brands, the parent company of Victoria’s Secret, said in a statement that it had reached an agreement with private equity firm Sycamore Capital to terminate its bid for Victoria’s Secret. In fact, as early as April 22, Sycamore Capital announced that it would terminate the acquisition transaction, saying that due Read more about Abandoned Victoria’s Secret: $ 525 million acquisition terminated, parent company’s share price falls[…]

Author：Shalajiang Compile：Hanlu Source：GPLP On May 7, the German sports brand Puma (PUMG.DE) released its first quarter 2020 financial report, and its net profit fell sharply. Financial report data shows that Puma’s first-quarter sales were 1.3 billion euros, a decrease of 1.3% year-on-year; net profit was 36.2 million euros, a decrease of 61.6% year-on-year. Puma was Read more about Puma’s first-quarter results fell by 61.6% and perhaps worse in the second quarter, will rely on credit to maintain cash flow[…]