361 Degrees Gains Nearly 6% Intraday as Main Brand's Q3 Retail Sales Post Mid-Single-Digit Growth

Deep News10-16

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361 Degrees (01361) rose nearly 6% intraday. As of press time, the stock was up 4.97%, trading at HK$4.855, with a turnover of HK$7.3034 million.

On October 15, 361 Degrees issued an announcement stating that the retail sales (calculated by retail value) of 361º main brand products for the third quarter of 2026 achieved mid-single-digit positive growth compared with the same period in 2025.

The retail sales (calculated by retail value) of 361º children's clothing brand products for the third quarter of 2026 also achieved mid-single-digit positive growth compared with the same period in 2025.

The overall gross merchandise value of 361º e-commerce platform products for the third quarter of 2026 achieved mid-to-high single-digit positive growth compared with the same period in 2025.

CICC pointed out that in terms of offline channels, both the main brand and children's clothing offline gross merchandise value achieved mid-single-digit year-on-year growth in 3Q26, still performing steadily amid overall industry pressure. At the same time, 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 maintained in the 4.5-5x range.

In terms of online channels, relying on the continuous launch of premium products in 3Q26, the company's online gross merchandise value achieved mid-to-high single-digit year-on-year growth on a high base, with discounts remaining stable.

In terms of overseas business, as the official partner of the Nagoya Asian Games in September, the company further enhanced the brand's overseas voice. In 3Q26, the overseas gross merchandise value growth rate maintained the growth trend of 1H26, with good performance in both online independent sites and offline channels.

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