Chinese downwear company Bosideng recorded 15.6% revenue growth in the first half

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Bosideng International Holdings, the largest downwear company in China, increased its sales by 15.6% to RMB5.4 billion (RMB), compared with the sales of RMB4.6 in the first half of 2010, which ended on September 30, 2021. It was (former). $ 1 billion at the same time in the previous fiscal year. Operating profit for six months increased by 19.6% to RMB 977 million (1st half of FY2009: RMB 666.3 million).

Bosideng International, the largest clothing company in China, increased its sales by RMB 5.4 billion (up 15.6%) from RMB 4.6 billion in the first half of 2010, which ended on September 30, 2021. It was RMB). Synchronized with the previous term. Operating profit for six months increased by 19.6% to RMB666.3 million.

“2021 is the first year of the Group’s new three-year strategic plan. From the perspective of China’s economic development in the postepidemic era, along with a strong recovery of the Chinese economy, China’s international voice and the influence of Chinese brands on the world From the perspective of developing the downwear category, as consumption grows, the size of the down apparel market in China has expanded significantly, and international professional downwear brands and four season brands are in the Chinese market. Competing for development, brands are becoming more concentrated, with obvious high-end trends in down apparel, and more obvious siphon effects for major brands. ” Gao Dekang, Chairman and CEO of Bosideng, Said in a press release.

Bosideng International, the largest clothing company in China, increased its sales by RMB 5.4 billion (up 15.6%) from RMB 4.6 billion in the first half of 2010, which ended on September 30, 2021. It was RMB). Synchronized with the previous term. Operating profit for six months increased by 19.6% to RMB666.3 million.

“From the perspective of Chinese brand development, which stands as a new starting point for the” 14th Five-Year Plan, “Chinese brands have entered the golden age of the rise of” new domestic products, “and the Chinese era of consumer dividends. I did. “The era of domestic brands,” continued Decan.

Bosideng International, the largest clothing company in China, increased its sales by RMB 5.4 billion (up 15.6%) from RMB 4.6 billion in the first half of 2010, which ended on September 30, 2021. It was RMB). Synchronized with the previous term. Operating profit for six months increased by 19.6% to RMB666.3 million.

By segment, sales in the brand down apparel business increased 16.2% to RMB3.5 billion, and sales in the OEM management business totaled RMB1.4 billion. In addition, sales of the women’s clothing business in the first half of 2010 were RMB 16.4 million, and the diversified apparel business improved by 1.3% to RMB 71.8 million in the same period of 2020. Meanwhile, Bosideng’s online sales increased by 31.5% to RMB 706.9 million.

Bosideng International, the largest clothing company in China, increased its sales by RMB 5.4 billion (up 15.6%) from RMB 4.6 billion in the first half of 2010, which ended on September 30, 2021. It was RMB). Synchronized with the previous term. Operating profit for six months increased by 19.6% to RMB666.3 million.

Gross profit in the first half rose to RMB2.7 billion (RMB2.2 billion), and profit attributable to shareholders was RMB638.5 million (RMB486 million).

Bosideng International, the largest clothing company in China, increased its sales by RMB 5.4 billion (up 15.6%) from RMB 4.6 billion in the first half of 2010, which ended on September 30, 2021. It was RMB). Synchronized with the previous term. Operating profit for six months increased by 19.6% to RMB666.3 million.

“We integrate key goals, think about the future from a timeless perspective, anticipate for 10 years, think for 3 years, and practice carefully every year. We are leading in key points. Breakthroughs to reach new peaks in “world-leading” brands and results through innovation, quality supply and innovative new consumer needs. We strive to win the battle for brand upgrades and high quality development. This will enable development in the global market under the slogan “World Down Apparel, China Bosiden,” Bosiden concludes with a release.

Fiber2Fashion News Desk (JL)

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Chinese downwear company Bosideng recorded 15.6% revenue growth in the first half

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