Lining's Orders In The Third Quarter Increased By 20.3% Over The Same Period Last Year.

Lining announced that in the third quarter of 2010, the order of Lining products dealers will be concluded. The sum of orders increased by 20.3% over the same period last year. The average retail price of shoes increased by 11.1%, the number of orders increased by 0.5%, the average retail price of clothing products rose 7.6%, and the number of orders increased by 20.7%.

Zhong Yiqi, chief financial officer of the company, said that the order growth rate in the third quarter was faster than that of the first two orders, reflecting that the overall sales atmosphere of the dealers was gradually warming as the mainland's domestic demand continued to grow, and the sporting goods market was expected to have a more stable recovery in the second quarter.

This year, the group will adopt a positive and steady strategy to continuously invest more resources in shaping the core competitiveness of brands and products, while further enhancing product, retail and consumer communication integration to maintain a smooth operation and growth rate.

 

Source: Yi Kuo daily finance