The Chinese brand reported a 20% increase in comprehensive net income attributable to shareholders in H1 of RMB 370,810,000 ($54.3 mm), up from RMB 310,174,000, on 7% higher revenues at RMB 3,236,783,000 ($474.0 mm) against RMB 3,016,853,000. Gross margin contracted 80 basis points to 40.9% on higher production costs that were not passed on to customers. On June 18, the 10th anniversary of its listing on the Hong Kong stock exchange, 361° launched a rebranding campaign that was inspired by U.S. retailer The Finish Line. Dubbed The Starting Line, the company seeks to position itself as the provider of professional ... Log in to view full article.