Champion Quickly Layout Jiangxi Market, Ganzhou And Nanchang Two Shops Open One After Another.
In recent years, the tide brand sports wind is still in fashion, and the road of the brand of all the tidal current sports is constantly updated.
Such as the Centennial tide brand Champion, the market layout in China is also further accelerating, especially in the Jiangxi market.
May 15th Ganzhou the Mixc 1 floor Champion Jiangxi first store officially opened in May 16th, Nanchang's first store opened in Nanchang Tongluowan T16.
Two stores opened in two places, bringing the tide market of Jiangxi to a new height.
In 2015, Champion entered Tmall and opened the official overseas flagship store to sell on the water line. After two years, in September 2017, the first entity store in the mainland of China was opened in Hangzhou Tower. As of now, Champion has opened 49 stores in 33 cities such as Beijing, Shanghai, Hangzhou, Shenzhen, Wuhan, Xi'an, Chengdu, Guiyang, and 9 stores are open for business.
It is understood that from the first physical store to today's scale, Champion has only been used for about two years.
Moreover, according to the first quarter results announced by Champion parent company Hanesbrand (HBI.US), the company's revenue grew by 7.9% to 1 billion 590 million US dollars, which was seventh consecutive quarters of growth in line with the constant exchange rate, and net profit was almost 79 million 480 thousand dollars in the same period of the previous year.
The growth of the company depends to a large extent on the core brand Champion.
During the period, the global sales of Champion in addition to wholesale channels rose by 75% to 490 million US dollars, and the international market reached 290 million US dollars, an increase of over 65%. It is estimated that the brand's annual sales volume is expected to reach US $1 billion 800 million and the growth rate will reach 30%.
The group also said that the strong growth of the brand was mainly due to the expansion of channels in many markets around the world.
Source: win business network: Gan Xinyi
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