First half net income attributable to shareholders dipped 11% to RMB 1,737,422,000 ($243.2 mm) from RMB 1,952,032,000 on revenue that was up 3% to RMB 14,816,763,000 ($2,074.3 mm) from RMB 14,345,288,000. Footwear sales grew 5% to RMB 8,230.7 million, and equipment and accessories jumped 24% to RMB 1,393.3 million, but those gains were partially offset by a 3% dip in Apparel to RMB 5,192.8 million.
Within the home PRC market, e-commerce sales increased 7% to RMB 4,004.3 million, driven by improved platform operations, effective online marketing strategies, and a robust membership service ... Log in to view full article.