CEO Performance Of Luxury Companies Should Not Be Considered Only By Sales Growth.

At present, the sales growth of some products in the industry has slowed down to single figures, such as leather goods.

In addition, such as the expensive watch products more serious sales decline, had to let people think about the reasons.

Paris Bank of France points out that most companies

Standards need comprehensive reform, which will be more conducive to coordinating chief executive's salary and shareholders' interests.

The Bank of Paris believes that

More attention should be paid to the areas where investors are interested in choosing luxury brand investments, such as ROIC, cash flow and total shareholder returns, rather than simply focusing on simple sales growth.

The bank said that luxury retailers should make greater efforts in this area to attract investors in the current environment of the fashionable retail environment.

At the beginning of this year, Christoper Bailey, chief executive officer and creative director of luxury brand Burberry, resigned as CEO of the company and announced it at the company.

Unsatisfactory, he also implemented a 75% pay reduction measures.

According to industry sources, Christoper Bailey stepped down early because investors lost patience with the CEO of creative director.