Olympic Sports (01968) 37% increase in turnover last year to 43 billion yuan, gross profit up 39% to 16 billion yuan, the annual gross margin increased by 0.5% to 38%, 31% increase in net profit to 8.22 billion yuan.
end of last year
luis vuitton outlet, Pick of the total number of 7,224 retail outlets, the net increase of 1
cheap original lv bags,018. Contribution from sales of apparel products from 2009, 51.9% to 54.5%, apparel revenues surge 44% year to 2.3 billion yuan, sales volume and average selling prices increased by 36% and 6.2%.
the proportion of lower-priced footwear sales increased
louis vuitton china, the average price of footwear fell 1.3% year, but sales up 33% of the cases, footwear sales increased 30% to 18 billion yuan. Pick of the average single-store area from 73 square meters in 2009 expanded to 76.6 square meters, the average single-store sales and average sales per square meter, respectively, 15.8% and 11.6%, reflecting the Olympic brand shoe brand construction and enhance the effectiveness of the substantial progress made.
company plans to open 800 new retail outlets, and continue to expand the single-store area, starting from next year will also consider the distributor of discount off adjustment from 38 to 4 fold, the target will be increased gradually to 40% gross margin level. (Global Shoes Network - the most authoritative Chinese shoes network Muzi edit) yilai：
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