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The 2024 Fuzhou Marathon has kicked off, with 361° supporting thousands of runners to conquer the 'Fortune' track.
On December 15, 2024, the 2024 Fuzhou Marathon will kick off. After upgrading to a World Athletics elite event, the Fuzhou Marathon has not only attracted the attention of numerous runners from around the Global, but with an unprecedented scale of 50,000 participants, it has become one of the largest marathon events in the world, proving its important position in both domestic and international marathon events. 361° serves as the 'top strategic partner' for this Fuzhou International Marathon, providing excellent products and professional event services to assist runners in pursuing their dreams on the track. This collaboration with the Fuzhou Marathon is another significant step for the brand to continuously promote the development of road running in China.
Hong Kong stocks are moving differently | Sporting Goods stocks are rising across the board. Institutions say the Sports Industry has a broad outlook, and the high boom in sports apparel may continue.
The shares of Sporting Goods companies rose across the board. As of the time of this report, TOPSPORTS (06110) rose by 7%, trading at 2.75 HKD; 361 DEGREES (01361) rose by 5%, trading at 4.41 HKD; LI NING (02331) rose by 3.49%, trading at 17.78 HKD; XTEP INT'L (01368) rose by 3.17%, trading at 5.86 HKD; ANTA SPORTS (02020) rose by 2.85%, trading at 84.8 HKD.
361 Degrees International (HKG:1361) Ticks All The Boxes When It Comes To Earnings Growth
Investors Will Want 361 Degrees International's (HKG:1361) Growth In ROCE To Persist
Brokerage Focus: The Pacific Securities maintains a "buy" rating on 361 degrees (01361), indicating that its performance in the weak consumer environment still leads its peers.
The Pacific Securities Research Institute issued a research report, indicating that 361 Degrees (01361) recently released the 2024Q3 retail operation data. In 2024Q3, offline adult clothing sales increased by about 10% year-on-year, offline children's clothing sales increased by about 10% year-on-year, and e-commerce sales increased by over 20% year-on-year. The sales performance met expectations. The institute mentioned that in the overall weak domestic consumer environment in 24Q3, the company's sales still achieved steady and rapid growth, leading the industry in performance. Additionally, inventory and discount indicators maintained a healthy level. Coupled with a 30%+ increase in online sales during the National Day golden week and a 20%+ year-on-year increase in offline sales, the institute is bullish on the company.
361 Degrees International Limited (HKG:1361) CEO Wuhao Ding, the Company's Largest Shareholder Sees 6.3% Reduction in Holdings Value
Earnings Update: 361 Degrees International Limited (HKG:1361) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
