Children'S Clothing Sales Increased By 534% In The 2011 Fiscal Year.
360 degree
(1361.HK) the results of the 2011 full financial year recently released show that the company's children's clothing
brand
Sales in this fiscal year have been greatly improved compared with the same period last year.
The 361 degree children's clothing was successfully launched in the current financial year. The product range is based on the low end market, with the advantage of 361 degree brand and its effective.
Distribution mode
Shortly after its launch, it achieved satisfactory results.
It is mainly engaged in manufacturing and trading sporting goods in China, including footwear, clothing and accessories.
The company's 361 degree children's clothing has become the first item of capital operation after 361 degree listing. Through the strategy of branding and market operation, the 361 degree children's wear is committed to becoming China's first children's sports brand.
We have begun to focus on the large and medium enterprises that cover mothers and babies and children's products in the product range, especially those already listed.
It is reported that 361 degree children's clothing is an independent product group with independent design, procurement and outsourcing departments.
Continue to do business at a relatively moderate pace throughout the year.
Profit
It reached RMB 238 million 700 thousand, while the financial year ended June 30, 2010 was RMB 37 million 600 thousand yuan.
Compared with the previous fiscal year, the growth rate was 534.8%.
361 degree children's wear held two orders in the financial year, showing spring and summer products and autumn and winter products respectively.
In March 2011, the company held the 2011 annual autumn and winter children's clothing product ordering meeting, and more than 400 retailers and distributors attended the order meeting.
The amount of orders increased significantly by 60% over the same period last year.
The two day order exhibition includes about 1200 products including clothing, footwear and accessories.
It is understood that the children's clothing of 361 degrees in this year, the supervision of the establishment of 766 specialized shops, and other specialized shops are independent.
Retailer
At the end of June 2011, there were 365 separate retail outlets, 245 shopping malls, and 156 counters in the 361 degree larger franchised shop. Compared with 236 outlets in June 30, 2010, there was a net increase of 530 stores.
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