| zwfaddex | Date: Miercuri, 11 Sep 2013, 08:34 | Message # 1 |
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| Bosideng International Holdings Limited inside the UK final week, Zhu Wei, CEO of Sino-British company meetings for the duration of an interview with Reuters, said the company opened in London following the initial international retailers, though not however profitable, but plans to add one particular within the New York International stores, Zhu stated, "potential areas for the Fifth Avenue." Zhu said that Bosideng London shop company in about 35 million pounds, or about $ 53 million. In early February to accept Chinadaily interview he did not disclose distinct sales figures, saying only that the store when it opened in July compared with November sales rose 30 percent, hoping to recover the price of two to 3 years. In an interview with Reuters Zhu is also stated that the London retailer "may not be profitable within the short term." Zhu told Reuters in an interview that the corporation valued long-term objectives rather than short-term earnings, so far sales in the UK in line with expectations. "This would be the companys strategic action when we make a decision should be to appear towards the future, the next 5 years to ten years, as opposed to the next couple of years, the two branches may not be profitable." Additionally, Zhu also stated that the United kingdom would like films, music and sports planet to recruit a brand ambassador. November 28, 2012, Bosideng International Holdings Ltd (HK: 3998) semi-annual report released Bosideng International Holdings Restricted, as of September 30, 2012, revenues enhanced 12.4% to approximately three.08 billion yuan, which accounted for 59.8 branded down apparel %, recorded roughly 1,842,400,000 yuan; non-down apparel category accounted for 15.8% recorded around 487.eight million yuan, OEM accounted for 24.4%, recorded roughly 749.eight million yuan. As of September 30, 2012, Bosideng Group, feather brand Bosideng, Snow Flying, Compro, four brand brand Bengen total variety of outlets reached 11,904 points, 31 March 2012 a net raise of three,560 points. Considerable increase in the variety of outlets was mostly as a result of sales channels split, the original multi-brand shops to single-brand stores, although total sales location only slightly improved by approximately five.4% to 919,000 sq m (as much as 31 March 2012 was 872,000 square m). As with suppliers have strong bargaining energy, coupled with increasing labor and raw material costs have come down variety, rates stabilize, the Groups gross profit margin has improved down apparel enterprise, up 6.2 percentage points to 45.6%.
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