男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Bosideng warms up, Canada Goose suffers chill

By Ouyang Shijia and Wang Zhuoqiong | China Daily | Updated: 2018-12-13 09:40
Share
Share - WeChat
Winter coats made by Bosideng on display during an industry expo in Nanjing, capital of Jiangsu province. [Photo provided to China Daily]

While the ice-cold winter weather has brought subzero temperatures to parts of the world, two winter-coat heavyweights are experiencing markedly different business climates.

Shares of Canada Goose Holdings Inc, the maker of premium parkas, slumped almost 20 percent during the past week on the Nasdaq. During the same period, Hong Kong-listed Chinese down-coat maker Bosideng International Holdings Ltd, surged 14 percent to a five-year high.

Analysts noted that the fluctuation of Canada Goose's stock prices has been impacted by the recent social criticism of the killing of wild animals. Some experts said the apparel company's stocks have been impacted by the arrest of Meng Wanzhou, chief financial officer of Huawei Technologies Co.

Seeing China's key role in the global luxury market, Canada Goose announced its expansion strategy in China in May this year. Owning an office in Shanghai, it now has an online presence via Chinese e-commerce platform Tmall and operates an offline shop in Hong Kong. A new flagship store will be launched in Beijing this month.

"This was the right time for us to open a headquarters in China," Dani Reiss, chief executive officer of Canada Goose, said recently.

"We've been interacting with Chinese consumers even from the online environment and our global stores. We know we have a high brand awareness here. And the new move will help offer that experience in this country," Reiss added.

Statistics from Alibaba show around 500,000 people visited Canada Goose's online store on Alibaba's Tmall platform during the annual Singles' Day shopping festival on Nov 11. During the annual shopping frenzy, consumers spent more than 10 million yuan ($1.5 million) in around an hour on Canada Goose's Tmall shop.

For the second quarter ended Sept 30, Canada Goose reported a total revenue growth of 33.7 percent year-on-year to $174 million.

In recent years, Bosideng accelerated its upgrading strategy and has already reaped the rewards. During the first half of this year, the company's revenue increased 16.4 percent to 3.44 billion yuan. It reported that revenue of its branded down apparel business segment jumped by 19.5 percent year-on-year to 1.77 billion yuan.

Xu Haoyu contributed to this story.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 荥经县| 林芝县| 临澧县| 乌兰县| 常熟市| 新野县| 天水市| 德格县| 铁力市| 临邑县| 横山县| 沂水县| 宾阳县| 房产| 高密市| 施秉县| 平湖市| 河源市| 安多县| 噶尔县| 大名县| 临汾市| 双鸭山市| 斗六市| 忻州市| 阜宁县| 兴化市| 榆树市| 通河县| 红桥区| 米泉市| 安多县| 苍溪县| 舞阳县| 台前县| 明水县| 论坛| 许昌县| 高平市| 财经| 凤冈县|