Ellassay Shenzhen Ellassay Fashion Co., Ltd. has issued […]

Ellassay stated that the equity transfer aims to further enhance the company’s cash flow, improve operational quality, and optimize its asset structure, thereby strengthening its long-term operational sustainability.

In 2023, Ellasay achieved a revenue of 29.2 billion yuan, an increase of 21.7% compared to the same period in 2022, and a growth of 23.4% compared to 2021, once again reaching a historic high.

Due to the underperformance of the IRO Paris brand’s overseas operations, the company plans to make a provision for impairment of nearly 100 million yuan.

The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.

The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.

ELLASSAY Group collaborates with the former Vice President of Canada Goose to establish a joint venture company for a down jacket brand.

How did the self-portrait brand achieve year-on-year doubling of its performance in the Chinese market?

After the financial report was released, as of the close of trading on April 28th, Ellassay’s stock price rose by 10% to 12.09 yuan per share, with a current market value of approximately 4.769 billion yuan.