{"id":16358,"date":"2021-07-16T09:15:00","date_gmt":"2021-07-16T09:15:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/07\/16\/china-dongxiang-announces-operational-results-for-fy2021-22-q1\/"},"modified":"2021-07-16T09:15:00","modified_gmt":"2021-07-16T09:15:00","slug":"china-dongxiang-announces-operational-results-for-fy2021-22-q1","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/07\/16\/china-dongxiang-announces-operational-results-for-fy2021-22-q1\/","title":{"rendered":"China Dongxiang Announces Operational Results for FY2021\/22 Q1"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"subheadline\">\n                               Retail Performance for the Overall Platform Registered Mid-to-Low Teen Growth yoy Same-Store-Sales Grew by Mid-to-High Single-Digit yoy                            <\/p>\n<p>HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 16 July 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 30 June 2021 (&#8221;FY2021\/22 Q1&#8221;)<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>For the FY2021\/22 Q1, the retail&#13;<br \/>\nperformance of Kappa stores (including Kappa kids&#8217; apparel business) for the&#13;<br \/>\noverall platform registered a mid-to-low teen growth on a year-on-year basis. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The&#13;<br \/>\nsame-store-sales (&#8220;SSS&#8221;) for the FY2021\/22 Q1 for the overall platform&#13;<br \/>\nregistered a mid-to-high single-digit growth on a year-on-year basis, based on&#13;<br \/>\nKappa stores (including Kappa kids&#8217; apparel business) which have been in&#13;<br \/>\noperation since the same quarter the previous year. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>As at 30 June 2021, the number of retail stores of the&#13;<br \/>\nGroup under the Kappa brand was 1,386 (including Kappa kids&#8217; apparel business),&#13;<br \/>\nrepresenting a net increase of 34 as compared with to those as at 31 March 2021&#13;<br \/>\n(&#8221;the end 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><b>Mr. Zhang Zhiyong, Executive Director, CEO and President&#13;<br \/>\nof China Dongxiang,<\/b> said, &#8220;In the first quarter of FY2021\/22, the&#13;<br \/>\nGroup reported stable growth in the&#13;<br \/>\nretail performance and the same-store-sales, demonstrating the effectiveness of the&#13;<br \/>\nchannel reform. The Group is fully confident in the prospects of sportswear&#13;<br \/>\nindustry this year. We will seize the market opportunities ahead and strive to&#13;<br \/>\nachieve sustainable development for the Group.&#8221;<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-07-16\/86632\/china-dongxiang-announces-operational-results-for-fy2021-22-q1\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail Performance for the Overall Platform Registered Mid-to-Low Teen Growth yoy Same-Store-Sales Grew by Mid-to-High Single-Digit yoy HONG KONG SAR &#8211; Media OutReach &#8211; 16 July 2021 &#8211; The&#13; leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd.&#13; (&#8220;China Dongxiang&#8221; or &#8220;the Company&#8221;, together with its&#13; subsidiaries, &#8220;the Group&#8221;, HKEx stock &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\/16358"}],"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=16358"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16358\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}