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Onward Holdings (8016) · InitiativeRestated

Strengthening European Production Platforms and Brand Synergies

First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2019.

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ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2019-Q2RestatedFY2019-Q3 – FY20192018: 220182019: 22019
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Strengthening European Production Platforms and Brand SynergiesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2019RestatedAnnual report

    「In Europe, we will improve profitability by further strengthening the framework for realizing synergies between the production platform of the Onward Luxury Group and the Joseph and Jil Sander brands.」

    The company is reiterating its policy of improving profitability through synergies between the European production platform and the Joseph and Jil Sander brands.
  2. FY2019-Q3RestatedAnnual report

    「The overseas business posted higher revenue but lower profit overall, despite progress toward improving its earnings balance, including higher Jil Sander sales following the revamp of the creative division, a recovery in profitability in China, successful promotion using J.PRESS's new flagship store in the United States, and growth in e-commerce sales. This was affected by costs associated with contract changes in some production businesses.」

    The company reaffirmed the results of previously outlined initiatives related to overseas brands and production infrastructure, including higher sales at Jil Sander and a recovery in profitability in China.
  3. FY2019-Q2AdvancedAnnual report

    「The overseas business reported higher revenue and higher profit due to increased sales of Jil Sander following a revamp of the creative division, the recovery of profitability in China and successful promotion using a new flagship J.PRESS store in the United States, among other factors.」

    The company cited concrete progress for its European brands, including higher sales at Jil Sander following the revamp of its creative division.
  4. FY2018First statedAnnual report

    「In Europe, we will improve profitability by further strengthening the framework for realizing synergies between the production platform of the Onward Luxury Group and the Joseph and Jil Sander brands.」

    The company outlined a policy of improving profitability by strengthening synergies in Europe between the production platform and the Joseph and Jil Sander brands.
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Strengthening European Production Platforms and Brand Synergies | ONWARD HOLDINGS CO.,LTD. (8016) | Komori