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Outfit brands return to offline to attract customers, still viewing outdoor sports as the key to traffic | Year-end review.
① This year, outfit brands are focusing on the establishment of offline channels, with some accelerating the opening of offline stores; ② Online is facing a traffic bottleneck, with low stock price competition, high return rates, and declining quality leading to a poor online ecosystem; ③ Outdoor sports are still regarded as a high-traffic area, with professionals believing that competition will intensify.
China National Commercial Information Center: In September, the retail sales of sportswear in key large retail enterprises nationwide decreased by 10.56% year-on-year.
On November 28, the China National Commercial Information Center released the sales analysis for sportswear brands in September 2024.
In September, the textile and clothing export volume was 24.78 billion US dollars, a year-on-year decrease of 3.8%.
According to the latest data released by the General Administration of Customs on October 14, textile and clothing exports in September decreased by 3.8% year-on-year and 11.3% month-on-month in US dollars. Among them, textile exports decreased by 2.1%, and clothing exports decreased by 5.1%.
GREATIME INTL: INTERIM REPORT 2024
Express News | BOC International: Topsports' profit warning indicates weaker-than-expected retail sales of sportswear.
GREATIME INTL: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024