Lining'S Average Retail Price Of Shoes Rose 10.2% In The Two Quarter Of Next Year.

Lining (02331) announced in November 4th the two quarter of next year that the order of Lining brand dealers will be successfully concluded. The order amount increased by 31.6% over the same period. The average retail price of shoes increased by 10.2%, the number of orders increased by 18.9%, the average retail price of clothing products rose 11.8%, and the number of orders increased by 18.8%.

After the Beijing Olympic Games, dealers are still optimistic about the future development of Lining brand.

Zhang Zhiyong, chief executive of Lining, said there was some concern about the recent growth in the market and the retail inventory. However, the group has been paying close attention to the changes in the retail market, and the situation is still at a good level in the light of recent observations.

At the same time, it will also strengthen awareness of risk prevention. On the one hand, it should closely coordinate with distributors, encourage them to further optimize retail inventory and ensure cash turnover; on the other hand, it will further improve the supply chain and focus on improving production flexibility to cope with the uncertainty of future market.