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An update from Onward Holdings Co., Ltd. ( (JP:8016) ) is now available.
Onward Holdings Co., Ltd. reported a significant increase in net sales for January 2025, driven by the consolidation of WEGO Co., Ltd. and strong sales in winter clothing and men’s core branded suits. E-commerce sales improved due to a focus on full-price items, while Onward Personal Style saw substantial growth through effective digital marketing. Physical stores reported steady sales, particularly in fashion goods like the ‘Ita-bag.’ This expansion and strategic focus on promotions have positively impacted the company’s sales performance.
More about Onward Holdings Co., Ltd.
Onward Holdings Co., Ltd. operates in the retail and fashion industry, focusing on the sale of clothing and fashion goods. The company manages a variety of brands and offers a range of products through physical retail stores and e-commerce platforms. It recently expanded its operations by consolidating WEGO Co., Ltd., which has strengthened its market presence.
YTD Price Performance: 6.15%
Average Trading Volume: 345
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €522.3M
For an in-depth examination of 8016 stock, go to TipRanks’ Stock Analysis page.
