Loewe WINS One 500% Increase in 2011: 14.5 Million Euros

We return to numbers, which we like. Remember: Inditex won 432 million euros in profit during the first quarter of 2012 (30% more), period in which H & M produced 310 million euros of profit (up 4.6%). Meanwhile, Mango got to the end of the year of 2011 63.3 million euros (38.5% less). Now we add a new actor: Loewe. 14.5 million euros profit in 2011 (up 500%).

Asia and the Middle East provide almost half

Yes, one 500% more benefit than in 2011, year in which won 2.9 million euros. Spectacular 2011 for the brand that I placed the team LVMH Moet Hennessy (LVMH). The income they have come to the 112,6 billion euros, 43.5%.

Asia and the Middle East pose nearly half of their income, over 64.3 million euros. While both markets posed by 41.8 million in 2010. According to Loewe, China has been the country in which they have grown, with Hong Kong as a centre. Since the European Union invoiced 46.3 million, a market that knows.

More than half of revenues come from outside

Although the company is French capital we continue linking its market to the national, in which obtains a 28.7% of its turnover, a small percentage with respect to bringing the international markets: a 53.6%, and that in Spain have increased the points of sale a 36.8%.

To this must be added the percentage derived from sales to the wholesale through intermediaries, including here in the Department stores. The figure will reach 17.7%.

A year of activity more than positive for Loewe that continues to grow as great brand that is.