Milan Station Announces Suspension Of Suspension Of Directors Or Security Of Sales

It is reported that

The announcement was suspended for a short time in The Stock Exchange of HongKong Limited, and the suspension time was not yet fixed.

Hongkong's retail market downturn "

The name of the icebox has made many people sigh deeply, and the Hong Kong enterprises are also affected by this.

Recently, the announcement of a luxury leather retailer Milan station has shocked many people.

Despite the decline in store rents, the sale

Milan's revenue losses in 2015 narrowed to HK $48 million 242 thousand, but this has been a four consecutive year's loss.

Therefore, it is reported that Yao Junda, a group co founder and board member of the group, will be able to sell.

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Some time ago, we talked about the establishment of a joint venture with the Canadian menswear Online Custom retailer. As a domestic company, we still had a slight decline in revenue in the first quarter despite the steady income.

It is reported that in the first quarter ended March 31, 2016, the total operating revenue of the group decreased by 4.19% to 232 million yuan, compared with 242 million yuan in the same period last year.

Net profit rose to 17.73% yuan to 12 million 750 thousand yuan, and weighted average net assets income increased 0.14 percentage points to 1.18%.

In the first quarter, the number of business outlets in the group was 44. Compared with the 5 stores in the same fiscal year, the group said that the main reason was that the stores were shut down due to the cancellation of the mall and poor management. The 5 closed stores accounted for only 2.11% of the total business receipts in 2015, and the group said it would not have any impact.

However, the group's online and offline sales performance was better than expected. Gross profit margin in the first quarter increased by 56.82% over the previous fiscal year.

It is worth mentioning that online sales performance increased compared to the previous fiscal year, which increased from 8.99% in the first quarter of fiscal year 2015 to 13.29%.

Therefore, the group will increase the expansion of overseas markets in the future, and realize the profits of the global market. However, due to the impact of the global economy, the market profits of the group period have recorded different declines. The domestic market is only northwest northwest, which has an increase of 1.01% over the same period of last fiscal year.