Sports Clothing Market In The Elimination Of War Kappa Shoe Sales Decline
The mainland sports apparel market is in the war of elimination, China's trend (3818) mainland sales fell 41.9% last year to 2 billion 120 million yuan (the same below). In the meantime, the total value of repurchase to dealers was 1 billion 450 million yuan.
China trend President Chen Yihong pointed out that the mainland sports apparel market has not improved significantly this year, the situation is still grim, and the stock pressure is still heavy.
Last year, turnover fell by 36% to 2 billion 740 million yuan, of which Japan came from.
During the period, Kappa brand sold 8 million 450 thousand garments and 2 million 600 thousand pairs of shoes in the mainland, down 54.1% and 43.4% respectively. The average price of clothing increased by 2.5%, while shoes dropped by 3.3%.
As the market is not optimistic, the group held by the end of last year.
No dividend payment was made, and the dividend payout rate was 2.78 points in the whole year, 84.6% less than in 2010.
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