Summary of the performance of 28 apparel brands in the first quarter of 2019

Haitang House

The first quarterly report for 2019 is released. During the reporting period, the company achieved operating income of 6.089 billion yuan, up 5.23% year-on-year; net profit attributable to shareholders of listed companies was 1.210 billion yuan, up 6.96% year-on-year; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.154 billion yuan. Yuan, a year-on-year increase of 3.20%.

The Haicang House brand is still the focus of expansion of the same name group and the main source of income. In the first quarter, the net increase was 72 stores. The revenue increased by 2.16% to 4.939 billion yuan, and the gross profit margin was 45.70%, up 474 basis points year-on-year.

  Peacebird

Ningbo Taiping Bird Fashion Clothing Co., Ltd. (hereinafter referred to as “Taiping Bird”) released the first quarterly report of 2019, showing revenue of 1.659 billion yuan, down 4.46% year-on-year; net profit attributable to the year fell 34.9% to 86.59 million yuan.

According to the brand, in addition to the LEDIN women's clothing, many brands have declined to varying degrees. According to the data, PEACEBIRD women's clothing revenue fell 2.96% year-on-year; PEACEBIRD men's clothing revenue fell 11.64% year-on-year; Lecho LEDIN women's clothing revenue rose 12.07% year-on-year; MiniPeace children's clothing revenue fell 3.32% year-on-year; including MATERIAL GIRL women's clothing, Betty children's clothing and Other brand revenues such as Machi Home and others rose 4.54% year-on-year.

La Chapelle

Announced its first quarterly report for 2019. During the period, revenue was 2.372 billion yuan, down 6.94 percentage points year-on-year; net profit attributable to shareholders of listed companies fell 94.40% to 9.751 million yuan. The explanation is mainly due to the lack of consumer confidence and the large number of offline offline stores.

The company's main women's brands LaChapelle, Puella, 7Modifier and LaBabité were affected by factors such as the decrease in the number of direct stores, the decline in terminal passenger flow and the increase in the proportion of sales of over-the-counter products. The revenue in the first quarter decreased by 26.65%, 29.76%, 22.91% and 23.06% respectively. .

Japanese fashion

The first quarterly report for 2019 was released. The announcement showed that the revenue during the reporting period was 291,273,615.72 yuan, a year-on-year increase of 5.46%; the net profit attributable to shareholders of listed companies was 4,665,113.22 yuan, down 71.99% year-on-year.

As of the end of the reporting period, Nippon Broadcasting's net assets attributable to shareholders of listed companies were RMB 948,519,117.59, an increase of 0.40% from the end of the previous year; net cash flow from operating activities was RMB 8,995,111.60, a year-on-year decrease of 81.02%. The net cash flow from operating activities during the reporting period decreased by 81.02% compared with the same period, mainly due to periodic payments.

Vignas

The first quarterly report for 2019 was released, achieving an operating income of 688.3 million yuan, down 8.71% year-on-year; net profit attributable to shareholders of listed companies was 13.29 million yuan, down 79.59% year-on-year; net attributable to shareholders of listed companies excluding non-recurring gains and losses The profit was 10.364 million yuan, a year-on-year decrease of 83.91%.

It is noteworthy that during the reporting period, the revenue of each brand of Vignas has declined to varying degrees. The data shows that Vagnas's main brand VGRASS revenue fell 12.24% year-on-year to 184 million yuan; TEENIE WEENIE revenue fell 7.49% year-on-year to 498 million yuan; Yunjin revenue fell 1.64% year-on-year to 4.715 million yuan.

Song Lisi

Disclosure of the first quarter performance report for 2019, the company achieved operating income of 623 million yuan in the first quarter, an increase of 8.32%; the net profit attributable to shareholders of listed companies was 89.362 million yuan, an increase of 11.00%. It is worth noting that the company's net profit has maintained double-digit growth for ten consecutive quarters. Xia Guoxin, chairman of the company, said that the company will continue to identify new brands, enrich the brand portfolio, and build the company into an internationally competitive high fashion brand group.

Gloria said that the growth in performance was due to the continued increase in R&D investment and synergy at the group level. According to the report, the research and development expenses of the first quarter of 2019 increased by 23.42%. The company's previously disclosed 2018 annual report shows that the company's research and development costs in 2018 continue to increase to nearly 80 million yuan.

Gland

In the first quarter of 2019, the company reported revenue of 584 million yuan and net profit of 195 million yuan.

Geely Fashion said that the main reason for the increase in operating income was the steady growth of market-scale channels. The number of stores in the top three high-end women's DAZZLE, high-end women's DIAMOND DAZZLE, and young women's d’zzit increased by 24 in 2018 compared with the same period of the previous year. As of December 31, 2018, Geely Fashion has a total of 1062 retail outlets in Mainland China, Macau, China and Japan.

Anzheng fashion

The first quarterly report for 2019 was released. The announcement showed that the revenue during the reporting period was 553,466,560.68 yuan, a year-on-year increase of 41.46%; the net profit attributable to shareholders of listed companies was 101,600,361.70 yuan, an increase of 10.51%.

As of the end of the reporting period, Anzheng Fashion's net assets attributable to shareholders of listed companies was RMB 2,817,661,485.28, an increase of 2.74% from the end of the previous year; net cash flow from operating activities was RMB 63,327,714.26, an increase of 1417.7% over the same period last year.

Senma

Benefiting from the acquisition and the turn to the track in the children's wear industry, Senma apparel's revenue in the first quarter of 2019 surged 63.90% to 4.117 billion yuan, compared with 2.512 billion yuan in the same period of 2018. The increase in revenue was mainly due to the sales growth of domestic leisure and children's apparel and this The merger of children's wear group Kidiliz income.

At the same time of the skyrocketing income, the operating costs of Senma apparel increased by 56.93% in the first quarter, and the sales expenses and management costs surged by 121.24% and 143.10% respectively. 11.06% of the net profit growth and 10.68% of the non-net profit growth rate slowed down compared with the net profit of 48.83% for the whole year of 2018 and the increase of 30.14% of the non-net profit, showing the increase in costs and investment in the initial stage of the merger.

Metersbonwe

The first quarterly report of 2019 was released. The company realized operating income of 1.728 billion yuan, a decrease of 20.68% year-on-year; net profit attributable to shareholders of listed companies was 38.348 million yuan, a decrease of 23.92% year-on-year; deduction of non-recurring gains and losses from shareholders of listed companies The net profit was 366.789 million yuan, a decrease of 22.68% year-on-year; the basic earnings per share was 0.02 yuan.

In addition, the company expects net profit from January to June 20-19 - 50 million to 0 million. The reasons for the expected change in performance are explained below.

  Giordano

Announced for the three months ended March 31, 2019, the Group's sales amounted to approximately HK$1,299 million, representing a year-on-year decrease of 10.8%.

Among them, sales in the rest of Asia Pacific were approximately HK$398 million, down 5.7% year-on-year; sales in Mainland China were approximately HK$295 million, down 22.0% year-on-year; sales in Hong Kong and Macau were approximately HK$225 million, down 9.3% year-on-year; Taiwan Sales were approximately HK$161 million, down 19.9% year-on-year; sales in the Middle East were approximately HK$140 million, up 4.5% year-on-year.

Search

The published quarterly report for 2019 showed that its operating income was 3.20 billion yuan, down 38.74% year-on-year; the net profit attributable to shareholders of listed companies was 107 million yuan, down 32.36% year-on-year. The basic earnings per share is 0.03 yuan.

Jiu Mu Wang

The first quarterly report for 2019 was released. During the reporting period, the total assets were 6.22 billion yuan, an increase of 2.24% from the end of the previous year. The net assets attributable to shareholders of listed companies were 4.7 billion yuan, an increase of 6.17% compared with the end of the previous year; the operating income was 800 million yuan, compared with the same period last year. Compared with the growth of 7.2%, the net profit attributable to shareholders of listed companies was 270 million yuan, an increase of 40.12%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 150 million yuan, a decrease of 17.11%.

In the first quarter, Jiu Muwang's JOEONE direct-operated stores totaled 703, opened 11 new ones, closed 7 stores, joined 1690 stores, opened 23 new ones, and closed 45 stores.

Seven wolves

The first quarterly report for 2019 was released. The announcement showed that the revenue during the reporting period was 947,828,932.20 yuan, a year-on-year increase of 3.13%; the net profit attributable to shareholders of listed companies was 91,645,888.52 yuan, a year-on-year increase of 9.45%.

The net cash flow from operating activities of the company during the reporting period was RMB 70,589,805.47, an increase of 201.69% from the end of the previous year. The main reason was the increase in the sales of goods recovered during the reporting period, so the net cash flow from operating activities increased.

Hugo Boss

Hugo Boss AG's EBIT in the first quarter fell 22% year-on-year to 55 million euros, and EBIT margin fell to 8.2% from 10.7% in the same period last year, mainly due to the simultaneous increase in spending on marketing, digitization and restructuring. Chief Financial Officer Yves Mueller said that with the normalization of fixed costs, the benefits for the rest of the year are expected to improve significantly.

Net sales increased by 2% year-on-year to 664 million euros, excluding exchange rate effects, an increase of 1%. Retail same-store sales growth slowed to 4% from 7% in the same period last year, e-commerce revenue increased by 26%, and wholesale sales fell 4% due to poor delivery time.

Annel

The first quarterly report for 2019 was released. The announcement showed that the revenue during the reporting period was 358 million yuan, a year-on-year increase of 17.71%; the net profit attributable to shareholders of listed companies was 46.928 million yuan, a year-on-year increase of 30.01%.

During the reporting period, the total operating income was 357,969,261.97 yuan, an increase of 17.71% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 46,928,804.76 yuan, an increase of 30.01% over the same period of the previous year.

Ruyi Group

Released the first quarter earnings report for 2019. During the reporting period, the company's revenue was 266 million yuan, a year-on-year increase of 17.78%, and the net profit attributable to shareholders of listed companies was 10.1195 million yuan, an increase of 4.79%. Ruyi Group's revenue in 2018 was 1.327 billion, an increase of 11.28% year-on-year. The net profit attributable to shareholders of listed companies was 99.1119 million yuan, a year-on-year increase of 39.58%. The growth rate has maintained a rapid growth of over 40% for three consecutive years.

Worsted woolen fabrics, clothing design, production and sales are the main business of Ruyi Group. In 2018, the apparel sector's revenue was 790 million, accounting for 59.6%, which contributed the most; the worsted wool fabrics revenue was 470 million, accounting for 35.4%.

Li Ning

Announced the first quarter preliminary sales data of the first quarter of the same store sales growth of 10%-20%. During the reporting period, the same-store sales of direct-operated channels had a high single-digit increase. The same-store sales of wholesale channels recorded a low growth of 10%-20%, and the e-commerce business recorded a high growth of 30%-40%.

In the first quarter, the company (excluding Li Ning YOUNG) recorded a low growth of 20%-30% in the retail stream year-on-year. During the period, the offline channel recorded a 10%-20% increase in the high volume, of which the direct channel recorded 10%- The 20% low segment growth, while the wholesale channel recorded a 20%-30% low segment growth. The e-commerce channel recorded a low growth of 40%-50%.

Anta

Announced the operating performance in the first quarter of 2019, the retail sales of Anta brand products increased by 10%-20%, and the retail sales of non-main brand products increased by 65%-70%.

In addition, with the completion of the Anta consortium acquisition, on April 11, Amer Sports' new board of directors was established, and Anta Group Chairman Ding Shizhong announced his appointment as chairman of the board.

361 degrees

Announced operating data for the first quarter of 2019: Retail sales of 361° core brand products recorded a low single-digit growth year-on-year, better than the same period in the fourth quarter of 2018, but still worse than expected. Retail sales of 361° children's wear brand products recorded a low single-digit year-on-year growth, which is the worst growth rate in the past four years, and the growth rate has fallen sharply compared to the low double-digit growth in the past three quarters.

  Xtep

The release of China's business operations in the first quarter of 2019 shows that in the three months ended March 31, 2019, Xtep's same-store sales (by retail value) achieved low double-digit growth year-on-year; retail including online and offline channels Sales increased by more than 20% year-on-year; Xtep retail inventory turnover was about four months.

In addition, in the first quarter of 2019, Xtep retail discount level was about 25%. For this reason, Xtep explained that it was mainly promoted during the Chinese Lunar New Year period.

Kappa

The parent company's release of the first quarter of 2019 shows that in the first quarter of 2019, China's Kappa brand stores (excluding Kappa's children's wear business and Japanese business) achieved a median increase in the retail sales of the entire platform. Among them, the offline business was flat compared with the same period of last year, and the e-commerce business achieved a growth of 35%–45%.

Regarding the same-store sales situation, China Trends pointed out in the announcement that the same-store sales of the entire platform were obtained in the first quarter of 2019 in the Kappa brand stores (excluding Kappa children's wear business and Japanese business) that were put into operation at the beginning of the same quarter last year. The low unit count drops. Among them, the offline business achieved a high single-digit decline, and the e-commerce business achieved a 35%–45% increase.

Adidas

Announced financial data for the first quarter of FY 2019: net profit increased by 17% year-on-year, mainly due to the promotion of high-margin e-commerce channels; due to supply chain problems in North America and the decline in European sales, sales growth has been released slow.

Adidas core financial data for the first quarter is as follows: Operating profit margin increased by 1.4% year-on-year to 14.9%, ahead of competitor Nike (Nike's operating margin was 13.5% in the first quarter of last December to February this year); Amount of 5.883 billion euros, a 4% year-on-year increase in constant exchange rate, higher than analysts' previous forecast of 5.8 billion euros; net profit of 632 million euros, higher than analysts' previous forecast of 567 million euros; according to market, European sales The amount fell by 3% year-on-year, and sales in China increased by 16% year-on-year.

SKECHERS

Announced the first quarter earnings report for 2019,