361 Degrees (01361) shares rose nearly 6%, up 5.73% as of press time to HK$4.89, with a turnover of HK$6.7283 million.
On the news front, on October 15, 361 Degrees announced that the retail sales value of 361º core brand products for the third quarter of 2026 recorded mid-single-digit positive growth compared to the same period in 2025.
The retail sales value of 361º children's wear brand products for the third quarter of 2026 also achieved mid-single-digit positive growth compared to the same period in 2025.
The overall gross merchandise value of 361º e-commerce platform products for the third quarter of 2026 recorded mid-to-high single-digit positive growth compared to the same period in 2025.
CICC noted that on the offline channel front, both the core brand and children's wear offline sales in 3Q26 achieved mid-single-digit year-on-year growth, maintaining solid performance despite overall pressure on the industry.
Meanwhile, the company continued to maintain healthy operations, with offline retail discounts flat year-on-year at 70% of full price, and the inventory-to-sales ratio remaining in the 4.5-5x range.
On the online channel front, driven by the continued rollout of premium products in 3Q26, the company's online sales achieved mid-to-high single-digit year-on-year growth on a high base, with discounts remaining stable.
Regarding overseas business, as an official partner of the Nagoya Asian Games in September, the company further enhanced its brand's overseas exposure, with overseas sales growth in 3Q26 maintaining the growth trend from 1H26, performing well across both online standalone sites and offline channels.
Comments