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China Watch Financial Summary

Peacebird Group Releases 2023 H1 Report: Men’s Wear Revenue Overtakes Women’s, Net Profit Rebounds

Aug 23, 2023

After the close on August 21st, Chinese clothing company Peacebird Group (SH: 603877) released its 2023 H1 report. During the reporting period, the company achieved a revenue of 3.6 billion yuan, a year-on-year decrease of 14.19%, and a net profit attributable to shareholders of 251 million yuan, a year-on-year increase of 88.1%.
The year 2023 marks a significant organizational transformation for the company, transitioning from a divisional structure to a functional structure.
The company stated that during the reporting period, it strictly controlled new product markdowns, regulated …

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Jiangnanbuyi Turns Loss into Profit in the Past Fiscal Year, Social Retail Channel GMV Soars by 70.4%
China Watch Financial Summary

Jiangnanbuyi Turns Loss into Profit in the Past Fiscal Year, Social Retail Channel GMV Soars by 70.4%

Jiangnanbuyi Group’s members who spend over 5000 RMB annually contribute to over 60% of offline retail sales.

Sep 12, 2023
Karl Lagerfeld China Turns Loss into Profit, as Sept Wolves’ Sales Increase 6% YoY in the First Half of the Year
China Watch Financial Summary

Karl Lagerfeld China Turns Loss into Profit, as Sept Wolves’ Sales Increase 6% YoY in the First Half of the Year

In the first half of the year, Karl Lagerfeld China saw a growth of 36.7% in revenue, reaching 170 million yuan. The net profit turned from a loss to a gain, reaching 15 million yuan.

Aug 29, 2023
ANTA Group’s H1 Revenue: Nearly 30 Billion Yuan! FILA Rejuvenates, Outdoor Brands Thrive
China Watch Financial Summary

ANTA Group’s H1 Revenue: Nearly 30 Billion Yuan! FILA Rejuvenates, Outdoor Brands Thrive

ANTA Group’s net profit surges by 40% in the first half of the year!

Aug 25, 2023