nuliba
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Although footwear and sports apparel revenues curr
« on: Dec 13th, 2015, 9:00pm » |
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Recently the brand will be three teams to the NCAA Duke Blue Devils, Kentucky Wildcats, and the North Carolina Tar Heels theme, creating a three Free Trainer 5.0 do not note color. The three schools were the team on top of the upper main color rendering design, combined with the tongue, insole and heel position Adidas Superstar Homme of team Logo indicate special status. The color of each series are priced at $ 110. As China's largest fashion footwear enterprises, the "shoe king," said Belle International Holdings Limtied (1880.HK) Belle International Holdings Limited to rely on its "sideline" Under China's economic slowdown, weak consumer sentiment - as Nike China's largest agents Nike brand just barely medium-term revenue and earnings growth weak. Late Monday, Belle Ltd. Belle Group announced its interim results ended August 31, 2015 ended in 2015/2016 fiscal year first half of the fiscal year the company recorded a revenue increase of 4.3% from a year earlier to 18.5561 billion yuan increased to 19,359,600,000 yuan; net profit recorded a 3.86% increase to 2.1581 billion yuan, a year earlier to 2.0779 billion yuan. Footwear is Belle Ltd. Belle Group Adidas ZX 850 Homme weakness over the past two years, half of the fiscal year of the company's footwear business revenue fell 5.0% from a year earlier to 10.355 billion yuan fell to 9.8357 billion yuan, accounting for 50.8% only had a balanced line. The company said same-store sales decline was mainly due to the impact of the sales decline in the number of units, according to data analysis results in the first quarter, second quarter, the Group's footwear business in China recorded a same-store sales were 7.8% and 7.7% decline, Michael Kors Belle Ltd. Belle Group, said despite the customer price slight rise, but could not offset the significant decline in volume. Footwear sales also contributed to the decline in business profit margin fell 170 basis points to a mid-term 19.3%, Belle Ltd. Belle Group warning if the footwear business does not improve same-store sales, Nike Free 5.0 Homme the business profit margins will be further pressure. Although footwear and sports apparel revenues currently almost evenly divided, but mainly for self footwear brand, its gross margin is much higher than sports, apparel business, so footwear business margin compression will also allow the company to profitability is greatly reduced. And footwear weak contrast, Belle Ltd. Belle Group relies on Nike Nike brand identity in China's largest distributors of sports apparel category by sports craze to maintain Michael Kors Outlet rapid growth. As cloth August 31, 2015 fiscal year first half Belle Belle Group move, apparel category income rose 16.1% from a year earlier to $ 9.5139 billion yuan of 8.2001 billion yuan. From Belle Ltd. Belle Group interim results point of view, on its own-brand business half of the fiscal year only recorded a 8.7617 billion yuan, has been "shoe king" has been reduced to a de facto agents. Not only income from earnings and profitability point of view, the Group's footwear business has become a drag on the business.
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