YOUNGOR'S Overall Business Pformation Success Depends On Real Estate Credit.
If
Fast fashion
The giant is Zara on a global scale. In China's regional context, the clothing brand that can be regarded as one of the giants is probably YOUNGOR, who has been on the global charts at the end of 2015.
YOUNGOR released its 2015 annual earnings report, although the current market is not good, but YOUNGOR still produced a more stable performance.
In 2015, the company achieved revenue of 14 billion 505 million yuan a year, down 8.79% compared with the same period last year, but the net profit of shareholders of the company has reached 4 billion 396 million yuan, an increase of 39.01%.
In the subsequent announcement, the group said that the main aspect of the company's profit growth was investment in the real estate business.
Investment business
It was positively affected by the purchase and storage of the government reserve center.
Perhaps, prompting
Clothing brand
Through investment and real estate as a backing to achieve business pformation, more reason is that the high price of housing has become a phenomenon in many countries. By investing in real estate to achieve high income, it has naturally become the reason why these winners always like to make use of it.
And back to the main business? Maybe it's still not the right time.
Although YOUNGOR has said that its apparel business is not performing well, it hopes to return to YOUNGOR's main business.
But at present, such a retail market, the completion of the business pformation of YOUNGOR how to complete the rectification of the main business?
This has to be thought-provoking.
Earlier, the Zara parent company published its earnings report, which also showed an example of real estate as a backer, and it still had a good performance under the current market conditions.
Since 2014, YOUNGOR has achieved varying degrees of revenue through investment and real estate. Besides, through this investment, YOUNGOR's business pformation has also realized the purpose of asset appreciation.
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