Preview - Please log in to view full article.

Article Date: March 2025
Word Count: 208

361 Degrees’ Profits, Revenues Grow Double Digits


Net income attributable to shareholders at the Chinese sportswear brand shot up 19% to RMB 1,148.6 million ($159.5 mm) last year, over RMB 961.4 million. Revenue jumped 20% to RMB 10,073.5 million ($1,399.1 mm) from RMB 8,423.3 million due to strong demand across all categories. Enhancing brand awareness on its various e-commerce platforms pushed web-exclusive products up 12% to RMB 2,609.4 million, which accounted for 26% of total revenue.

 

Adult footwear revenues grew 22% to RMB 4,287.3 million, while apparel was up 15% to RMB 3,093.2 million, attributed to product development and ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.