Yang Lubin revealed at the exchange meeting

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Rina77RS
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Yang Lubin revealed at the exchange meeting

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However, the management is still worried that the main brand may face certain pressure. That "the main brand Xtep's lifestyle products, especially clothing products, will face certain sales pressure, but driven by the growth of running products and children's products, it is expected to have certain growth, but our tentative target will be relatively conservative to avoid excessive inventory."

Even for brands with the highest growth rate, such as Saucony, the indonesia phone number sample management said that the main strategy for opening stores will not be to focus on quantity, but to open large stores in high-tier cities. At the same time, more attention will be paid to indicators such as store efficiency and channel health. Merrell has chosen a lighter model, focusing on online quick response.

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In response to the increasingly fierce competition in the online market in the future, Xtep Group told Times Finance that it will further enhance its refined operational capabilities and supply chain quick response capabilities, differentiate online products from offline products, operate in a staggered manner, and avoid head-on conflicts.

Overall, when faced with the choice between scale and profit, Xtep Group chose the latter.

Yang Lubin pointed out: "In the past period of time, our profit margin has been increasing, and this year's full-year profit margin will also be increasing, so we have always emphasized that profit growth will be faster than sales cost growth.
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