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Article Date: March 2023
Word Count: 313

361 Degrees’ Revenue, Profits Grow Double Digits

Net income attributable to shareholders at the Chinese sportswear brand was up 24% last year to RMB 747,117,000 ($110.9 mm) over RMB 601,700,000 in 2021 on 17% higher revenue of RMB 6,960,826,000 ($1,033.2 mm) up from RMB 5,933,482,000. E-commerce web-exclusive product sales increased 37% to RMB 1,685.4 million, ticking up to 24% of total revenue from 21%, as the push for data leverage and online marketing events bore fruit. International sales improved 38% to RMB 123.6 million ($18.3 mm), inching up to 1.8% of total sales from 1.5% as opening new ... Log in to view full article.


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