Net income at the Chinese apparel supplier improved 8% to RMB 3,176,836,000 ($439.4 mm) from RMB 2,931,028,000 on 15% sales growth to RMB 14,966,384,000 ($2,070.0 MM) against RMB 12,975,971,000. Sportswear sales increased 10% to RMB 10,128.6 million, driven by rising demand in the U.S. and Europe, but casual apparel grew even faster, jumping 37% to RMB 3,792.1 million. Lingerie sales improved 4% to RMB 940.2 million, and other knitwear grew 6% to RMB 105.5 million.

Shipments to the U.S. soared 36% to RMB 2,554.9 million ($353.4 mm) as brands moved to bring ... Log in to view full article.