New business update from 361 Degrees
The Board of the Hong Kong based footwear company has provided an operational update for its business segments in regards to the group's business for the first quarter of 2021
361º Core Brand
Retail sales, in value terms, of 361º core branded products for the first quarter of 2021 increased by high teens when compared to that for the same period of 2020.
361º Kids Brand
(an independently run business unit)
The retail sales (in terms of the retail value) of 361º kids branded products for the first quarter of 2021 increased by low twenties when compared to that for the same period of 2020.
The announcement is made based on a preliminary review of the unaudited operational data of the Group and the information currently available to the Board, and is not reviewed or audited by the group’s auditors.
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