361 Degrees aims for 10,000 stores by 2014

01/03/2011

A financial report by Chinese sports apparel firm 361 Degrees for the second half of 2010 shows that the turnover for footwear reached $186.5, up 18.1% over the same period of last year, and the sale revenue for apparel expanded by 42% to $151.7 million.  

 

361 Degrees attributes its good performance to high efficiency and brand promotion on retail sales as well as rapidly increasing on outlets. The retail stores are currently increased in numbers of 600 to 800 every year; if the company continues at this rate, there will be 10,000 stores within the next four years.