E-commerce sales for the Chinese company rose an estimated 25 percent in the fourth quarter, 361° Degrees reported on Jan. 16, but overall core branded sales were essentially flat during the period. Meanwhile, 361° Kids branded sales increased low-single digits year-over-year.
Chinese group 361 Degrees Intl. realized high-teens percentage growth for its core brand and a 20-25 percent comparable retail sales gain for its 361° Kids brand during the period ended March 31. Additionally, year-over-year e-commerce sales increased by 20-25 percent in Q1. 361° launched numerous e-commerce marketing initiatives during ...
Bolstered by nearly 36 percent sales growth for its kids’ business, 361° realized 21 percent annual sales growth last year to 8,423.3 million yuan renminbi (€1.07bn) from RMB6,960.8 million. Annual operating income improved by 29 percent to RMB 1,383.5 million (€176.5m). The FY23 profit attributable to shareholders rose 29 percent ...
After winning the NBA championship and a successful start to the new season, Denver Nuggets superstar Nikola Jokić has officially signed a footwear deal with Chinese sports footwear brand 361° and will take on the role of Global Brand Ambassador. Born and raised in Sombor, Serbia, Jokić was drafted by ...
Scottish golf tech startup Hosel targets a $3bn pre-owned market long dominated by generalist platforms with poor pricing transparency.
UK sustainable sportswear brand bypasses VC to let customers buy in alongside footballer Harry Kane on Crowdcube
Italian luxury sneaker brand hits €734m in annual revenue as direct-to-consumer sales accelerate and new ownership takes shape.
Intelligence, analysis and advice for the global sporting goods industry.
