Two Quarter Men'S Performance YOUNGOR Net Profit Or More Than 20%

Institutions are expected to exceed half

The two quarter of the listed company continued to show a decline in revenues and net profits.

As the whole industry chain layout helps O2O push forward, the two quarter profit growth rate will be higher than 20%.

Local men's clothing listed companies have not yet shown signs of recovery in the past quarter, and they will welcome the two quarter earnings in mid August.

The overall downturn in the industry, the majority of men's clothing companies in the two quarter or continue to show a decline in revenue and net profit, but as the men's giant YOUNGOR, due to the layout of the whole industry chain to help promote O2O, the two quarter profit growth will be higher than 20%.

A well-known researcher in the clothing industry, Mari, said that under the backdrop of slowing domestic economic growth and the continuing decline in clothing retail consumption, YOUNGOR has set up a large member's full channel operation mode and actively promoted the construction of O2O platform.

Some achievements have been achieved.

It is understood that YOUNGOR has formulated a "4 to 1000" strategic development plan for the garment business. It is hoped that in the next five years or so, there will be 10 million active sales members with annual consumption of more than 1000 yuan and 1000 sales platforms with annual sales of over 10 million yuan.

According to the annual report, by the end of 2015, the number of YOUNGOR's brand outlets was 3237, an increase of 155 compared with the beginning of the year, and the business area of 349323 square meters.

The number of direct outlets is 2770, including 925 self operated outlets and 1845 shopping mall outlets.

Electricity supplier business, the new opening of shop No. 1, suning.com, ICBC E integration, Amazon, Taobao C stores and other online sales channels, and integration of resources under the online and offline joint promotion.

Brand members grew rapidly. By the end of 2015, the members of YOUNGOR's dragon horse exchange reached 2 million 98 thousand and 900, and its membership consumption was 2 billion 299 million yuan, accounting for 46.32%.

Insiders here also believe that YOUNGOR's clothing business is solid foundation, and the growth rate of the four new brands is accelerating. Performance improvement has come to light, and relying on the strong membership system and direct stores can carry more products and concepts. Real estate business has begun to explore the big health and old real estate. In the future, with the easing of real estate policy, it is expected to achieve a restorative growth. Investment is also pforming to industrial investment, focusing on the long term layout of large health and large financial sectors. In general, the company has grasped the four wheel drive strategic pformation of "clothing + real estate + investment + big health" and has a long-term strategic vision for development.

But Marie also expects YOUNGOR to continue to develop steadily in the future, with its excellent product quality and reputation as well as the initiative to adjust its store inventory in the future.