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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.
HP LIVING TECH: Interim Report 2024/25
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.
Hang Pin Living Technology Returns to Profit in Fiscal H1
HP LIVING TECH: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
hp living tech (01682.HK) announces good news: expected to turn a profit in the interim period.
Glory Times on November 15th: hp living tech (01682.HK) announced that the group is expected to record a net profit of approximately 3.78 million Hong Kong dollars for the six months ending September 30, 2024, representing a turnaround from an unaudited comprehensive loss of approximately 2.15 million Hong Kong dollars in the same period in 2023. The turnaround is mainly due to (i) an income of approximately 5.49 million Hong Kong dollars from changes in fair value of financial assets measured at fair value through profit or loss; and (ii) a reduction in administrative and operating expenses.