Profit attributable to shareholders grew by 9% in the first half to RMB 857,690,000 ($118.6 mm) from RMB 789,703,000 on 11% higher sales of RMB 5,704,830,000 ($789.1 mm) up from RMB 5,141,284,000. The gains were powered by e-commerce sales, which surged 45% to RMB 1,816.9 million, accounting for 32% of the top line. The brand’s small international business jumped 20% to RMB 87.6 million ($12.1 mm).
For the core 361° brand, footwear sales grew 13% to RMB 2,574.9 million in H1. Basketball benefited from the introduction of Nikola Jokić’s new Joker1 GT ... Log in to view full article.