Cross Border Electricity Supplier Outlet: 100 Round Pants Industry To Abandon The Original Clothing Industry, The Successful Pformation Of Revenue Increased By 5 Times

Stand on

On the top of the tuyere, the cross border Tong Bao electronic commerce Limited by Share Ltd (hereinafter referred to as "cross border link") has been growing rapidly, but the original clothing industry is dragging its feet.

The results of the first half of 2015 released by cross-border companies showed that the company's operating income increased by 506.63% over the same period last year, but the sales of garment business decreased by 41.32% compared to the same period last year, accounting for less than 1/10.

Data show cross border links (formerly)

The company achieved operating income of 1 billion 203 million yuan, an increase of 506.63% over the same period, and a net profit of 75 million 926 thousand and 500 yuan attributable to shareholders of listed companies, an increase of 566.26% over the same period last year.

The company's main camp

Business revenue was 112 million yuan, down 41.32% compared to the same period last year, the worst business of the company, accounting for only 1 billion 203 million yuan of total revenue less than 1/10.

Fashion experts

Cheng Weixiong, chairman of Liang Qi Brand Management Co., Ltd., said that from the pformation of the hundred round trousers industry to cross border Tong Bao, the abandonment of the original clothing industry has become the road to cross border pformation.

"Across the border in the future, it is possible to abandon clothing business and specialize in cross-border electricity providers."

However, this does not mean that the industry will close thousands of stores in the country.

Cheng Weixiong said that it is obviously more difficult to improve performance by relying on the increment of traditional trousers industry.

Most of the hundred round pants shop is in the three or four line market, even if shutting down, the impact on the company is not large.

It is understood that the cross-border pass in the semi annual report did not disclose the number of hundred round pants shop, but last year's annual report shows that as of the end of last year, the number of stores was 1385, compared with the end of 2013, 255.