Inventory Of The 5 Top Sportswear And 4 Fast Fashion Brands In The First Quarter Of 2016

5 big

Nike (Nike), the world's largest footwear manufacturer, rose 20.1% to $950 million in the third quarter of February 29th, and sales increased 7.6% to $8 billion 30 million in the quarter.

Basketball shoes and sportswear demand is strong, but sales performance is still lower than market expectations.

Under Armour Inc

Us sportswear company Under Armour Inc made a profit of $19 million 200 thousand in the first quarter, and the company's current operating income was $1 billion 50 million.

Adidas (Adidas)

Adidas (Adidas), after excluding goodwill impairment in the first quarter, has expanded its basic business profits by 38% to 350 million euros, with revenue rising 17% to 4 billion 800 million euros, and 22% after the exchange rate adjustment.

PumaSE Puma

In the first quarter, the sales and profits of the German sporting goods giant PumaSE Puma group were not as good as market expectations.

In the first three natural months of 2016, Puma recorded a profit of 41 million 300 thousand euros, an increase of 10.1% over the same period last year.

Net profit rose 4% to 25 million 800 thousand euros per annualized year.

Sales increased by 3.7% to 851 million 900 thousand euros compared to the same period last year.

Foot Locker

The US sports shoes giant Foot Locker made a profit of 191 million US dollars in the first quarter, an increase of 3.8% over the same period last year.

Sales in the first quarter increased from $1 billion 920 million to $1 billion 990 million.

Sales in the same shop increased by 2.9%.

{page_break}

The 4 fast fashion continues to decline in the first quarter.

Zara parent company Inditex

Zara parent company Inditex group's net profit in the first quarter increased 6% over the same period last year, mainly due to the steady growth of the company's sales.

In the first quarter ended in April 30th, Inditex net profit rose to 554 million euros from 521 million euros a year ago.

The company's quarterly revenue increased 12% to 4 billion 880 million euros over the same period last year.

The appreciation of the euro has led to a 5% drop in sales of Inditex in some European markets.

H&M (Hennes & Mauritz AB)

H&M (Hennes & Mauritz AB) said exchange rate losses resulted in a 30% drop in first quarter profits.

The net profit in the first quarter of three months was 2 billion 550 million Swedish kronor ($313 million), compared with 3 billion 610 million Swedish kronor last year.

Over the same period, sales rose slightly, excluding VAT, rising from 40 billion 300 million kronor to 43 billion 700 million kronor.

As of February 29th, H&M has operated 3970 stores, an increase of 419 stores compared with the previous year.

Fast Retailing

Fast Retailing, which operates the leisure clothing chain, "UNIQLO" and other fast forward marketing companies, issued its 2015 financial year semi annual report, which was affected by the poor performance of UNIQLO. Net profit fell sharply by 55.1% compared with the same period last year, only 47 billion yen.

This is the first time in the past 5 years that net profit has declined for the first half year.

This year's January winter clothing price promotions and other measures to increase sales revenue by 6.5%, reaching 10116 billion yen.

Gap Inc

Gap Inc released its financial report, which recorded a surplus of US $127 million in the first quarter, and recorded a total revenue of $3 billion 440 million during the same period.