2 1 Shi Ji Jing Ji Bao Dao·2025-08-04 01:35Group 1: Company Performance - Hermès reported a 9% sales growth in Q2, reaching €3.9 billion, with all regions showing growth. Leather goods sales increased by 14.8% to €1.76 billion, while watch sales declined by 5.5% to €130 million [14] - Adidas achieved a 7.3% increase in net sales for H1, totaling €12.1 billion, with a gross margin rise of 0.9 percentage points to 51.9% and operating profit up 70% to €1.2 billion [2] - Prada's H1 revenue reached €2.74 billion, marking a 9.1% increase at constant exchange rates, with retail sales up 10.1% to €2.453 billion [2][3] Group 2: Strategic Developments - Kering announced a €20 million signing bonus for new CEO Luca de Meo, alongside a nearly €9 million annual salary, which has positively impacted the company's stock price, rising 24% since the announcement [3] - PUMA appointed Andreas Hubert as COO, effective September 1, to streamline operations by integrating procurement, IT, and logistics under one role [6] - Arena appointed Mark Pinger as the new Chief Brand Officer, effective October 1, leveraging his background in sports and experience in strategic roles [7] Group 3: Market Trends and Challenges - L'Oréal's Q2 sales grew by 1.6% to €22.47 billion, with an operating margin of 21.1%, indicating a recovery from previous performance issues [8] - Canada Goose reported a strong start to the new fiscal year with a 22.4% revenue increase to CAD 107.8 million, showcasing brand resilience [9] - SMCP's sales grew by 2.7% to €601.1 million, with all regions outside Asia showing growth, indicating a stable performance despite regional challenges [11] Group 4: Leadership Changes and Impacts - Jil Sander's CEO Serge Brunschwig resigned after six months, indicating potential instability in leadership [13] - Nicolas Puech, the largest individual shareholder of Hermès, no longer holds shares, raising concerns about brand image and market confidence [5][6]