Tod 'S Stock Rating Was Downgraded And Luxury Stocks Were More Worried.

< p > Italy luxury shoe manufacturer Tod "sSpA" (TOD.MI) suffered a sharp fall in the stock price after the Bank of America's Merrill Lynch downgraded its stock rating. When the decline widened to 4.97%, it was suspended until the resumption of partial land resumption was resumed.

Tod 'sSpA (TOD.MI) fell 5.49% in January 9th, closing at 108.40 euros, plus a 8 decline of 2.62% and a two decline on the two day.

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< p > < < a href= > //www.sjfzxm.com/news/index_c.asp > > Tod > s > /a > SpA (TOD.MI), PradaSpA Prada (1913.HK) and PradaSpA (Kai), the Gucci group of Kai Yun group has indicated growth slowdown in 2013. Analysts are cautious about the upcoming luxury industry annual report season, triggering Italy luxury stock price 8 and 9 two days diving.

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"We saw a slowdown in growth in the three quarter, and I think this is likely to last until the four quarter," AllegraPerry, general manager of luxury goods research at P CantorFitzgerald, said in an interview with Reuters.

He believes that the strategy of repositioning luxury brands against current business slowdown will sacrifice short-term growth, which will continue for some companies for several seasons.

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< p > SalvatoreFerragamoSpA (SFER.MI) Ferragamo was also downgraded by the brokerage a href= "//www.sjfzxm.com/news/index_cj.asp" > Mainfirst < /a >, leading to a drop of 11.74% days in two days; followed by BrunelloCucinelliSpA (BC.MI), a fall of 9.78%; in the middle of December, the sight of unlimited MonclerSpA (MonclerSpA) was also unsuccessful, almost falling to the lowest level since the listing, 9 received 14.10 euros, and two days fell 9.22%.

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< p > two glasses manufacturers LuxotticaGroupSpA (LUX.MI) and SafiloGroupSpA (SFL.MI) fell two and 4.33% respectively, 5%, and luxury electric business YooxSpA (YOOX.MI) fell 3.42%.

The PradaSpA Prada (1913.HK), which is listed in Hongkong, has only been affected by the aftermath of the 9 wave. It also recorded a 3.85% decline, closing at HK $68.75.

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< p > > Italy a href= "//www.sjfzxm.com/news/index_cj.asp" > FTSEMIB < /a > index is only a narrow fluctuation in the past two days, while the 9 is slightly increased by 0.34%, and the luxury stock has obviously lost the market.

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The income in the first nine months of fiscal year P Tod sSpA (TOD.MI) 2013 only recorded a slight increase of 0.4% to 752 million 600 thousand euros, resulting in the stagnation of the group's performance because the local market in Italy, which accounted for 35% of the revenue, was dragged down by the economic recession, and its revenue decreased by 18.5% compared to the same period last year.

While the middle and greater China region has outperformed other markets by 27.9% of sales growth, China has been slowed down by the anti-corruption movement.

Tod 'sSpA (TOD.MI) indicates that the annual performance will not meet the analyst's expectations.

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< p > the SalvatoreFerragamoSpA (SFER.MI) Ferragamo, whose stock price rose by 55% in 2013, has performed well in the first nine months, but analysts say it is time for the four quarter to let its performance take a breather and there will probably be a slowdown.

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