{"id":14122,"date":"2021-04-20T04:45:00","date_gmt":"2021-04-20T04:45:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/04\/20\/china-dongxiang-announces-operational-results-for-q4-and-twelve-months-of-fy2020-21\/"},"modified":"2021-04-20T04:45:00","modified_gmt":"2021-04-20T04:45:00","slug":"china-dongxiang-announces-operational-results-for-q4-and-twelve-months-of-fy2020-21","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/04\/20\/china-dongxiang-announces-operational-results-for-q4-and-twelve-months-of-fy2020-21\/","title":{"rendered":"China Dongxiang Announces Operational Results for Q4 and Twelve Months of FY2020\/21"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p><b>The Retail Performance for the Overall Platform Registered a Mid-Sixties&#13;<br \/>\nGrowth yoy in Q4<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Same-Store-Sales Grew by&#13;<br \/>\nHigh-Single-Digit yoy in Q4<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p align=\"center\"><b>\u00a0<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 20 April 2021 &#8211; The&#13;<br \/>\nleading international sportswear brand enterprise in the PRC, <b>China Dongxiang (Group) Co., Ltd.<\/b>&#13;<br \/>\n(&#8220;China Dongxiang&#8221; or &#8220;the Company&#8221;, together with its&#13;<br \/>\nsubsidiaries, &#8220;the Group&#8221;, HKEx stock code: 3818) announces the&#13;<br \/>\noperational data for the three months ended 31 March 2021 (&#8221;FY2020\/21 Q4&#8221;)&#13;<br \/>\nand the twelve months ended 31 March 2021 (&#8221;Twelve Months of FY2020\/21&#8221;).<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>For the FY2020\/21 Q4, the retail&#13;<br \/>\nperformance of Kappa stores (excluding Kappa kids&#8217; apparel business) for the overall&#13;<br \/>\nplatform registered a mid-sixties growth on a year-on-year basis, of which the&#13;<br \/>\noffline business recorded a low-seventies growth, while the e-commerce business&#13;<br \/>\nrecorded a high-thirties growth. The retail performance of the overall platform&#13;<br \/>\nfor the Twelve Months of FY2020\/21 registered a mid-teens growth on a&#13;<br \/>\nyear-on-year basis, of which the offline business recorded a low-teens growth,&#13;<br \/>\nwhile the e-commerce business recorded a low-thirties growth.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>As for the&#13;<br \/>\nsame-store-sales (&#8220;SSS&#8221;), for the FY2020\/21 Q4, in respect of Kappa stores&#13;<br \/>\n(excluding Kappa kids&#8217; apparel business) which have been in operation since the&#13;<br \/>\nbeginning of the same quarter the previous year, the SSS for the overall&#13;<br \/>\nplatform registered a high-single-digit growth on a year-on-year basis. Among&#13;<br \/>\nthem, the offline business recorded a mid-single-digit growth, while the&#13;<br \/>\ne-commerce business recorded a high-thirties growth. The SSS for the overall&#13;<br \/>\nplatform for the Twelve Months&#13;<br \/>\nof FY2020\/21 registered&#13;<br \/>\nmid-teens growth on a year-on-year basis, of which the offline business&#13;<br \/>\nrecorded a mid-to-low single-digit decrease, while the e-commerce business&#13;<br \/>\nrecorded a low-thirties growth.<br clear=\"all\"\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>For the Q4&#13;<br \/>\nended 31 March 2021, the number&#13;<br \/>\nof retail stores of the Group under the Kappa brand was 1,170 (excluding Kappa&#13;<br \/>\nkids&#8217; apparel business), representing a net increase of 41 as compared with&#13;<br \/>\nthat as at 31 March 2020 (&#8221;the end of FY2019\/20&#8221;).<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-04-20\/74355\/china-dongxiang-announces-operational-results-for-q4-and-twelve-months-of-fy2020-21\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Retail Performance for the Overall Platform Registered a Mid-Sixties&#13; Growth yoy in Q4 &#13; &#13; Same-Store-Sales Grew by&#13; High-Single-Digit yoy in Q4 &#13; &#13; \u00a0 &#13; &#13; HONG KONG SAR &#8211; Media OutReach &#8211; 20 April 2021 &#8211; The&#13; leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd.&#13; (&#8220;China Dongxiang&#8221; &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14122"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14122"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14122\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}