Kappa Parent Company Same Store Sales Increase Slightly

On the evening of January 17th, the trend of Kappa parent company in China released the fourth quarter operation. During the period, the Kappa brand store (excluding Kappa children's clothing business and Japanese business) achieved a high single digit growth year by year in the retail sales of the whole offline platform.

For the same store sales performance, China's trend is announced in the bulletin. Last year, the Kappa brand store (excluding Kappa children's clothing business and Japanese business) was put into operation at the beginning of the same quarter last year. In the fourth quarter of 2018, the same store sales of the whole offline platform increased year by year.

In this regard, China's trend indicates that the fourth quarter operating data of the group continued to grow, mainly due to the new customers' joining and the direct operation mode.

We always have confidence in the future development of the brand.