Rents Rose But Children'S Clothing Cost Fell By &Nbsp.
September 30th,
Doctor frog
The chairman and chief executive of the board of directors, Zhong Zheng Yi, accepted an interview with the mainland media. He said that although the rent has increased considerably this year, cotton prices have dropped sharply and the purchasing cost has been reduced. Therefore, we believe that the gross margin level will remain stable and will not increase the price of products temporarily.
Zhong Zheng said that the cost of rent and other costs rose by one to two percentage points to 11%-12%, which is one of the main cost pressures of the group.
He also said that at present
Children's wear
It is still the main source of income and profit for the doctor frog. Children's clothing accounts for more than 60% of the total income, and the rest are children.
Skin care
Products and other daily necessities, the proportion of children's clothing and other children's products will also be maintained at 60%:40% in the future. Among them, the gross profit margin of children's clothing is higher than that of 40%, but other children's articles can enlarge the scale of the company, so it will also be an important part of the doctor's frog business.
It is understood that as of June 30th this year, the doctor frog has 1724 counters, a net increase of 169 compared to the end of December 2010.
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