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    Children'S Clothing Will Become A New Engine For Future Garment Industry.

    2016/11/21 16:33:00 42

    Children'S ClothingClothing IndustryClothingEngine

    Ying Mei medium term revenue grew 14.4% year-on-year, mainly in winter sports wear sales.

    In November 18th, 02368.HK issued a notice at noon. In the 6 months ended September 30, 2016, the company achieved operating income of HK $1 billion 83 million, an increase of 14.4% over the same period last year, a net profit of HK $121 million, an increase of 4.2% over the same period last year, and a gross profit margin of 2.2% to 20.9% from 23.1%.

    Eagle is known as the first half of the group to produce higher technical requirements and higher unit price in winter.

    Athletic Wear

    In recent years, sales growth has been ideal, up nearly 14% compared with the same period last year.

    The main sales areas of the group were the United States, China and Europe. In the first half of the year, the total sales volume of three places accounted for 82% of the total business revenue, and the average sales price and sales volume of the three locations increased compared with the same period last year.

    China's sportswear market has been expanding rapidly under the national promotion campaign policy, but the impact of RMB depreciation is not as obvious as that of the United States and Europe.

    The group said that compared with the same period last year, the proportion of high-end product sales accounted for a significant increase in total sales, raising the average unit price of sales, the main driving force for the growth of group sales.

    However, the material cost of the functional high-end products produced by the group is rather high. Based on the fierce competition in the industry, the price can not fully compensate for the increase in material costs, which is the main reason for the decline in gross margins.

    In addition, production costs, the minimum wage and employee benefits continue to rise, and also nibble on the gross profit margin of the group.

    Looking forward to the second half of the year, Ying Mei said that the group has put more resources into the summer products for higher value-added products, reducing the impact of seasonal factors on profitability.

    The profit margin of Li core brand is doubled in the medium term core business, and children's clothing is the future growth engine.

    The 00787.HK issued a notice in November 17th, ending 6 months in September 30, 2016. The company achieved a turnover of US $1 billion 844 million, an increase of 15% compared to the same period last year, gross profit 655 million US dollars, an increase of 19.9% over the same period last year; the core operating profit of US $78 million, up 129.9% over the same period last year; the profit margin of shareholders should be 777 thousand US dollars, a decrease of 94.9% over the same period last year; the net profit of the adjusted shareholders should be increased by 344.2% to 44 million dollars.

    The company announced that since its listing in July 2014, the company has focused on developing four business areas: Children's wear, footwear and accessories.

    Fashion for men and women

    And brand management.

    During the reporting period, the four business areas continued to record positive growth.

    Children's wear

    (including cartoon characters and fashion children's clothing) is the largest business category of the group, accounting for about 44% of the total business volume.

    In terms of scale, the brand is a global leader in this field.

    The company cooperates with several well-known brands in the entertainment industry in America (including Disney, Calvin Klein and Under Armour).

    The company expects that although the company's children's clothing business is relatively mature in the US market, Europe and Asia will also welcome encouraging growth opportunities.

    Companies in the sports market and

    Online retailers

    There are also some efforts.

    In July, the company set up a joint venture CAA-GBG Global Brand Management Group with Creative Artists Agency (CAA), an entertainment and sports manager company in the United States. The brand is called the world's largest brand management company.

    The company also cited an example of the company's high performance in the US and Europe.

    Ski suit

    The brand Spyde is introduced into Korea, and its products are extended to spring / summer and non skiing winter clothing.

    In addition, the company has expanded the layout of Spyder through e-commerce and retail outlets.

    The company said it will continue to cooperate with Amazon and Alibaba e-commerce platforms, and selectively develop its own brand.

    Electronic Commerce

    Platform.

    According to reports, Yu Min, vice chairman and chief executive officer of Li Biao brand, said at the mid-term performance conference held in November 17th, that China's two child policy was benefited from the implementation of the "100 child policy". The main driving force of the group's Asian market came from children's clothing. He also optimistic about the development of South Korea. The number of local stores will increase to 100 in the current fiscal year.

    As for the Hongkong market, he points out that the retail market in Hong Kong is different from other parts of the world. Due to close ties with the mainland, retail sales in Hong Kong are expected to continue to be under pressure.

    He also mentioned that at present

    Online retailers

    It accounts for about 15% of the total revenue of the group, and will continue to expand its business in the future, expecting sales to grow continuously, but no growth target has been set.

    BELLE's mid-term performance is supported by sports and apparel business. It believes that sports business will eventually surpass the footwear business.

    On the evening of November 17th, BELLE International (01880.HK) released its semi annual report on 2016/17 fiscal year.

    According to the report, compared with the same period last year, the sales revenue of footwear business decreased by 12.7% in the six months ended August 31, 2016, the sales revenue of sports and clothing business increased by 14.9%, total sales revenue increased by 0.9%, operating profit decreased by 19.8%, and the profit and loss of the company's equity holders decreased by 19.7%.

    The company said that sports and clothing business benefited from the substantial growth of consumer sports fitness demand, and continued to maintain a good growth trend. Footwear business continued to show declining sales and declining profitability as a result of passenger flow decline and consumption preference changes.

    BELLE international sports,

    Clothes & Accessories

    At present, the business is mainly based on distribution agents, including front-line sports brand Nike and Adidas, second-line sports brand PUMA and Converse, as well as clothing brand Moussy, SLY and REPLAY.

    The company said that the main reason for the growth of the business is, on the one hand, that the same store sales have been growing well, at the level of the number of units, mainly driven by quantity growth, and the average paction price has only increased slightly.

    On the other hand, retail outlets continued to increase. The number of retail outlets in August 31, 2016 was 7216, an increase of 10.6% compared to 6524 in August 31, 2015.

    In the first half of fiscal year 2016/17, the number of retail outlets for sports and apparel business increased by 105, an increase of 1.5% compared with February 29, 2016.

    Among them, the first-line sports brand shops only increased by 4 net, the current business focus is to increase the shop effect per unit area; the second line brand store has increased by 84, and the new clothing business has increased by 17.

    BELLE International believes that the scale of sports and clothing business beyond the scale of footwear business should be said to be reasonable.

    Generally speaking, in the more developed and mature countries, the various styles of shoe market are mainly sports and leisure, and the proportion of shoes is relatively limited.

    With the rapid growth and maturity of Chinese consumers, their diversified scene needs and personalized aesthetic requirements are likely to be embodied in sports and leisure categories.

    Lining orders will grow for 12 consecutive quarters, and business will grow rapidly.

    Lining (02331.HK) announced in October 20th that the franchised dealers' orders for Lining brand products increased by 12 consecutive quarters.

    The order for the second quarter of 2017, which was held in September of this year, was recorded at a high annual rate.

    Announcement revealed that as of September 30, 2016, the number of Lining brand sales in China amounted to 6247.

    A net increase of 114 has been achieved so far this year, and a net increase of 78 over the end of last year.

    Retail sales and wholesale businesses accounted for 39 and 75 of the 114 sales outlets respectively.

    The company said that the Lining brand sales point, which has been in operation at the beginning of the same quarter last year, ended in the quarter ended September 30, 2016. The sales volume of Lining brand products in the same store (including e-commerce) increased year by year.

    As far as channels are concerned, both retail (direct) and wholesale (franchised dealer) channels have been recorded on a low annual basis.

    Electronic Commerce

    The virtual store business is growing at an annual growth rate of 80% to 90%.

    In the first half of 2016, Lining achieved operating income of 3 billion 596 million, an increase of 12.8% over the same period last year, and realized a net profit of 113 million yuan attributable to listed companies, which turned out to be a gain in the same period last year, and continued the profit situation in the second half of 2015.

    Anta was selected as the most noteworthy company in 2017 by Bloomberg think tank. The growth of non core brand FILA was strong.

    According to reports, recently, Bloomberg's Bloomberg think tank analysis and Research Center released the list of "most noteworthy companies" in 2017. Anta Sports Products Limited has won the first list of Chinese sporting goods companies by virtue of "excellent performance" and "great potential for development".

    The list of the most noteworthy companies in 2017 included Anta, Geely, ICBC and Swire four Chinese companies. This is the first time that there are as many as four Chinese companies on the list.

    "The most noteworthy company" is the list of enterprises launched by Bloomberg think tank analysis and research center. Based on the analysis of stock prices and income growth, profit margins, market share, debt, economic status and other related data of more than 4000 global companies each year, combined with the challenges that the company may face in second years or the products and services that will soon be released with great potential, we select 50 outstanding companies to be included in the list of "most noteworthy companies".

      

    ANTA Sports Products Limited

    (02020.HK) operating data for the third quarter of October 27th, with strong performance.

    Notice that Anta products in the second quarter of 2017, the order will end in September 2016, the number of orders increased by the number of units in the year.

    In addition, in the third quarter of 2016, the retail sales of Anta brand products increased by double-digit year-on-year, while the retail sales of non Anta brand products increased by 60-70% over the same period last year.

    It has been reported that the management of the company recently attended the investment conference held in Hongkong, and revealed that FILA's annual sales increased by more than 50% in the third quarter, mainly from the strong recognition of the brand and the demand for luxury goods in the market. The performance improvement was attributed to the improvement of sales efficiency and the addition of new stores.

    In addition, management has also proposed the continued acquisition of property targets, mainly for long-term international brands, synergy with existing business and expansion of sports business.


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