Jiangnan Cloth Performance Continues To Be Optimistic, Stock Prices Continue To Rise

In August 24th, second JNBY stores in Hongkong opened in Xin Shen square, with pictures from the official WeChat of Jiangnan Buyi.

Affected by sustained good performance, domestic listing in Hong Kong

group

(03306.HK) the share price has continued to rise in the past month or so, and today it has risen by nearly 5% to HK $9.28 per share. Since the listing, the stock price has risen 40%, and the market value has recorded 4 billion 814 million, approaching 5 billion.

Retailer I.T group (00999.HK) has the same market value.

Some analysts pointed out that the company's main brand women's clothing JNBY, in the income scale has reached 1 billion 200 million, the main brand in fiscal year 17 has gained more than 14% of revenue growth, slightly more than expected.

The accelerated growth of revenue shows that the company's main brand has not yet reached the market worried ceiling.

The picture shows the change of share price in Jiangnan cloth clothing in the past three months.

The picture shows the growth of fan consumption and membership consumption from 2014 to 2017.

The picture shows the consumption of the people in the south of the Yangtze River.

During the period, the group has more than 2 million member accounts, of which more than 1 million 500 thousand WeChat accounts.

In the fiscal year 2017, the retail sales contributed by the members accounted for 62.6% of the total retail sales. The number of active member accounts of the group exceeded 260 thousand. In the 2017 fiscal year, the number of member accounts exceeding RMB 5000 yuan was over 118 thousand, and the retail sales volume reached RMB 1 billion 400 million yuan.

As of the end of June this year, the net profit of the group was recorded at 332 million yuan, an annual increase of 38.54%. During the period, business income was recorded at 2 billion 332 million yuan, up by 22.58% per year, and gross profit was 1 billion 475 million yuan, up 23.87% year on year.

It is reported that the total number of retail outlets operated by the blue cloth group in the south of the Yangtze River has increased from 1316 in June 30, 2016 to 2017 in June 30th, including 39 overseas outlets, covering all provinces, autonomous regions and municipalities in the mainland of China and the other 17 countries and regions in the world in June 30th.

Unlike most of the clothing brands, it never asks celebrities to endorse, and the domestic women's clothing JNBY company, which is designed to impress consumers, has been sought after by the capital.

Compared with the recent Taiping bird listed on the A shares in China and the fashion of an Zheng, Jiangnan Buyi is not so "instant" by the capital market, but now investors are beginning to realize the market potential of Jiangnan Buyi.

According to a previous survey by consulting firm CIC, there were about three hundred major designer brands in China, and the top five accounted for 30% of the market share.

And Jiangnan cloth ranked first, accounting for 9.6% of the total.

Wu Jian, the group's founder, chairman and chief executive, said earlier that the group did not promote growth by opening stores, but promoted by designer brand.

Jiangnan Buyi group was founded in Hangzhou in 1997. It currently has 5 brands, including women's wear JNBY, men's wear CROQUIS (sketch), children's wear JNBY by JNBY and Pomme de terre (Peng MA) and high-end women's wear less.

According to CIC statistics from the third party data company, last year, Jiangnan Buyi group accounted for the largest market share in the Chinese designer fashion industry.

Sales of women's clothing, including two brands including JNBY and less, increased by 15.9% to 1 billion 530 million yuan over the same period last year, accounting for 65.6% of the total sales.

With the rapid growth of consumers who pursue the taste of life, the demand for personalized and fashion products will continue to rise, and the potential of designer brands to split up the market will be huge.

According to OC&C strategy consulting, China's clothing market has a total value of about $300 billion.

With the gradual expansion of the international expansion plan of Jiangnan Buyi group, CFO Frank Zhu of Jiangnan Buyi group has divided it into two parts: one is to go out, expand the brand circle in the capital market, and the other is to attract new designers and become a designer platform.

The mature business model of Jiangnan Buyi group can support talented designers to do what they want to do, and the constant innovation of designers can stimulate the vitality of the income growth of the Buyi group.

According to the world clothing and shoe net, Jiangnan Buyi group plans to launch several new brands in the near future, including new business men's clothing and renewable environmental protection brand.

At the same time, Jiangnan Buyi is also stepping up the layout and expansion of overseas markets.

However, up to now, Jiangnan Buyi group has not disclosed the target of specific acquisition.

More interesting reports, please pay attention to the world clothing shoes and hats net.