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    Ann, Giordano And Other Three Quarter Results Announced Sports Brand Performance Forecast

    2018/10/24 10:59:00 69

    AnnGiordanoEarningsSports BrandAnta

       Annil Issue three quarter report. Notice shows that the company's first three quarters of business income of 795450841.84 yuan, an increase of 18.91% over the same period, attributable to shareholders of listed companies net profit of 57356198.03 yuan, an increase of 25.63% over the same period last year.

       Giordano International Limited Announces Three quarter sales decline, 7-9 month turnover recorded a 5.2% decline, from HK $1 billion 240 million to HK $1 billion 176 million, fixed exchange rate fell 6.9%, same store sales fell 2.8%. Hong Kong clothing The group said it was aware that consumer confidence in the Asia Pacific region had been frustrated since June, resulting in a significant decline in sales, a 84.6% share in the core brand name and a 3.3% increase in comparable sales of high-end Giordano Ladies.

    Three other sports brand performance notice: Anta, XTEP and Lining

    In October 11th, ANTA Sports Products Limited Released the 3 quarter of 2018 the latest business performance announcement, bulletin shows that Anta brand retail sales year-on-year double-digit growth in growth, other brands retail sales year-on-year growth of 90%-95%. In view of this, Anta sports continues to maintain the momentum of rapid growth. In the first half of this year, Anta sports revenue exceeded 10 billion, reaching 10 billion 553 million, an increase of 44.11% over the same period, with a net profit of 2 billion 2 million, an increase of 35.14% over the same period last year, and the growth rate reached a record high.

    In October 19th, 31st degree released the latest business performance announcement in the 3 quarter of 2018. The announcement shows that the retail sales of 361o's main brand products in the third quarter of 2018 increased by a few percentage points over the same period in 2017. The retail sales of 361o children's clothing brands in the third quarter of 2018 were double digit percentage growth over the same period in 2017. The company's performance continues to grow.

    In October 8th, XTEP International released the latest business performance announcement in the 3 quarter of 2018. The announcement shows that in the third quarter of 2018, the average sales performance of the same store was double digit growth compared with that in 2017, while retail discount remained at a low level of 7.5-8, and retail inventories also remained at a healthy level for about 4 months.

    Up to now, Lining The latest operational performance announcement for the 3 quarter of 2018 has not yet been released. However, several investment banks expect Lining's third quarter earnings to grow even more than expected. According to reports, Citigroup issued a report saying that Anta sports just released third quarter sales figures for the better, it is expected that Lining's third quarter sales are also positive, Citigroup expects third quarter Lining retail sales double-digit growth, the second quarter is low double-digit growth, improved.

    Citigroup believes that the growth of retail sales under Lining line has accelerated and offset the slowdown in the growth of electricity providers. The report also said that Lining's growth rate in the third quarter of this year is expected to be in the middle to high level from 10% to 20%, the bank said. Lining The group's performance in September this year has been strongly improved due to its low base effect, better product types in the south, and the promotion of "China Lining" brand.

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