Strong six months for China’s 361 Degrees
Xiamen-based activewear company 361 Degrees grew 18% year on year during the first half ended June 30.
This increase was reflected in revenues, as yet unaudited, of $590 million.
Significantly, the brand’s kidswear business rose by 33.4% to $125 million over the six months. E-commerce was similarly up 38%, bringing in $150 million for the period.
361 Degrees currently counts 5,642 brand stores in mainland China. It also had 1,187 overseas points of sale at the end of June.