31St Degree Announces Operation Summary Of The Second Quarter Of This Year, Wholesale Orders For Winter Orders Will Increase By 8% Over The Same Period Last Year.

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< p > 31st degree, announces the operation outline of the second quarter of this year.

The group can basically deliver the goods according to the plan, while the orders in winter < a href= "http://www.91se91.com/" > order > /a > are better than expected, and wholesale orders will increase by 8% compared with last winter's orders.

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According to the data of 4068 stores in the country, the same store sales in the second quarter of this year increased by 2.8% (2013 (2013 stores) in the second quarter: 0.8%), indicating that the industry has gradually digested the excess stock, and the recovery in the first quarter of this year increased in the second quarter.

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< p > up to the end of June this year, < a href= "http://www.91se91.com/" > distribution > /a > retailers and retailers had 4.1 times the channel inventory ratio (at the end of June 2013: 4.4 times); the average discount was suggested to mark the sale price of 24% off.

The group sees the improvement of the profit margin of retailers, believing that the trend of sales growth will continue.

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< p > the improvement of group operation is also seen in the second quarter.

The number of stores increased by 93 in the second quarter (closing 259 stores and opening 352 stores).

By the end of June this year, the total number of licensed retail outlets in the group was 7140, of which 1007 were "collection shops", with an average area of 180 square meters per unit.

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< p > although the children's wear industry is still very fragmented, the independent business of children's clothing, 331 (31st degree store), recorded a healthy growth in the second quarter, and its sales point increased by 72 to 1965 during the period.

Based on the 695 stores that have been operating for more than 24 months, it is estimated that the same store sales in the second quarter of this year increased by 3.1% (the first quarter of this year: 2.8%).

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< p > > a href= "http://www.91se91.com/" > group < /a > is more confident of the prospect. It is believed that the mild recovery of the market in the first half of the year will be conducive to the development of the business. It is expected that there will be better sales performance in the next few quarters, and the order will be improved in the coming year.

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