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361 Degrees International’s Soaring Q2 2024 Growth
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361 Degrees International’s Soaring Q2 2024 Growth

361 Degrees International (HK:1361) has released an update.

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361 Degrees International reported a robust performance in Q2 2024, with its core brand retail sales growing by 10%, kids brand by mid-teens, and e-commerce sales rocketing by 30-35% compared to the same period last year. The company’s strategic focus on e-commerce, live streaming, and the ‘618’ shopping festival led to a 94% increase in online sales, placing it third among domestic brands. Highlighting technological innovations in professional sports footwear and apparel, 361 Degrees International also expanded its brand presence in various sporting events and partnerships, including becoming the official partner of the Asian Winter Games Harbin 2025.

For further insights into HK:1361 stock, check out TipRanks’ Stock Analysis page.

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