Li Biao Optimistic About China'S Children'S Business And Jingdong Cooperation With ALI

If the warm winter in Europe and the United States in 2015 has become the black pot of many apparel retailers, Li Biao should be the few who did not throw the pot into the weather because of declining performance.

Because Li issued a full year earnings report, the good news is to stimulate the group's expectations for this year's excellent performance.

Perhaps many people have not heard of it, but you must know the famous Disney dress, and Disney is the sub brand of Li Biao.

A few days ago, Li issued a year-round performance report after the Hong Kong stock market closed. It said that in the 2015 fiscal year, the revenue in fiscal year 2015 remained unchanged in the 2014 fiscal year.

Looking forward to the future, group CEO Le Yumin said that the group will focus on the development of children's products market in China due to China's opening up of the second child policy. At the same time, it is expected that the current low proportion of China's business will grow rapidly, with the lowest growth rate expected to reach 30% in fiscal year 2016.

And optimistic about China.

Le Yumin also said that he is now in peace.

As well as Jingdong's consultation and cooperation, it is possible to set up a joint venture company, but the details have not been disclosed. However, he also said that there is no intention of establishing an e-commerce platform at present, because it is not cost-effective.

On the other hand, in the 2015 year, Seven Global LLP, a joint venture company of Li and David Beckham and Simon Fuller, will cooperate with Li bang, a high-end men's wear retail group in Hongkong's Feng Shi group. It is expected that Li Bang will launch a new series inspired by David Beckham for Kent&Curwen, and David Beckham is expected to participate fully in this.

The development, development and publicity of the 2016 autumn and winter series are also expected to be involved.

As of the 2015 fiscal year of December 31, 2015, the brand achieved a profit of $3 billion 423 million, a slight decline of 0.9% in the 2014 fiscal year, but a sustained strong rise in gross margin, rising from 32.3% in the previous year to 34.2%.

It also achieved the goal of three years' business development plan 14 to 16 years ahead of schedule.

The core operating profit and net profit respectively increased by 10.5% and 11.9% to 170 million US dollars and 1.17 US dollars respectively.

By region, North America as a growth engine of group business, led by an increase of 81%, and Europe, the Middle East and Asia accounted for 15% and 4% respectively.

Therefore, as the fragrant Pao Bo's sister-in-law, the industry has also called for cooperation with Li Biao, Le Yumin said there was no cooperation plan at present, but he had already arranged a dinner with Bei Sao.