9 Mu Wang 2016 First Quarter Revenue Decreased 28.97%

In April 26th,
Joeone
Announced 2016 first quarter earnings report, revenue 180 million, year-on-year decrease of 28.97%, net profit 128 million, an increase of 0.36% over the same period.
The report shows that in 1-3 months, the brand of JOEONE and FUN brand of the nine Mu Wang brand opened a total of 41 new stores and closed 67 stores. As of March 31st, the total number of stores in nine Mu Wang was 2766, with a total closure of 26 in the first quarter, and gross profit margin increased 0.84% over the same period last year.


After the decline of performance and the adjustment of channel, in the 2015 annual report which was just released soon, King Mu Wang finally realized double growth of operating income and net profit, which is related to the improvement of retail operation capacity, the change of marketing strategy and the strengthening of research and development of commodities.
After the decline of performance and the adjustment of channels, the king of Mu has finally achieved double growth in operating income and net profit, which is related to the improvement of retail operation capacity, the change of marketing strategy and the strengthening of research and development of commodities.
Looking forward to the future, Lin Congying, chairman of the nine Mu Wang, said, in addition to development
clothing
Besides the main industry, it will actively explore the investment in clothing related industries, and strive to create an elite life fashion industry group, focusing on "elite life" for industrial layout and coverage.
fashion
Clothing, fashion culture, fashion entertainment, fashion sports, fashion health and so on.
- Related reading

Why Did Adidas Increase Its Expectations Again After Its March Annual Report?
|
Hai Lan'S Home Will Find The Necessary Warm-Up And "Sense Of Presence" For Entering The First Tier Market.
|
What Is America'S Paranoid Tendency In Internet Pformation To Make It So Decisive?
|- Instant news | 7月CPI漲幅再次突破3% 工業(yè)增速趨緩
- international news | 據(jù)報道:越南服裝和紡織工業(yè)賺取48億美元
- Brand classification | Edie Makes Beautiful Women'S Decorations.
- international news | 紡織部:印度紡織有望出新政策
- international news | Japanese Traders Disagree With Countries Sharing Preferential Frameworks.
- Brand tracking | STC Plans To Develop Sports Products Market In China
- Brand tracking | Textile And Clothing Listed: "Thick Ink And Heavy Color" Performance Prospects For The Wind Chart
- Brand classification | A New Concept Of Health
- Brand classification | Kastgau Brand Is Selected As China'S Top Ten Brand Shoes.
- Fashion brand | Coach手袋及配件銷售大賣 利潤速漲
- Vietnam Textile Raw Materials Are Too Dependent On Imports, Resulting In Huge Challenges.
- Zengcheng Immortal Town: Special Treatment Of Cowboy Textile Industry For Environmental Protection
- How Can Keqiao'S Printing And Dyeing Enterprises Enter The "Post Renovation Era" To Live Better?
- The Cost Of Using Natural Gas Spinning Enterprises Can Be Reduced.
- Last Saturday, Women'S Shoes Were Not Optimistic About Net Profit Last Year.
- German Sports Brand Adidas Grew By 17% In The First Quarter.
- Building Huajian Light Industrial Park To Help Ethiopia Improve Its Industrial Chain
- Vietnam'S Textile Raw Materials Are Too Dependent On Imports.
- The "Milan Plan" Is Actually A Hard Fight.
- Why Did Adidas Increase Its Expectations Again After Its March Annual Report?