Is It Too Hard To Wear Clothes? Last Year, Net Profit Of 140 Million Georges White Crazy Hit 75 Million Feet Out Of The Clothing Circle.

Zhejiang Georges white dress Limited by Share Ltd (hereinafter referred to as "George White") announced in April 15th that in order to cultivate the company's new profit growth point, the company intends to jointly invest with Pingyang Yuan Xi Xing investment management partnership (limited partnership) (hereinafter referred to as "Pingyang Yuan Xi line") to set up Zhejiang George White Life Management Co., Ltd. (hereinafter referred to as George White) Division ".


Georges white beautiful Life Inc registered capital of 125 million yuan, of which, George White subscribed the amount of investment was 75 million yuan, accounting for 60% of its registered capital; Pingyang Yuan Xi row paid 50 million yuan, accounting for 40%.


Georges white Life Inc will focus on the planning and operation management of future community projects with the concept of "good life service providers", and build a new community with hardware intelligence, beautiful environment, humane harmony, perfect governance system and harmonious neighborhood.


Georges White said that in the coming period, the company will take George White Life Inc as an operation platform and make future community as an important strategic direction of the company through the co-ordination and operation management of specific future community projects. This will help companies cultivate new profit growth points, thereby promoting long-term development of the company.


According to public information, Georges white is mainly engaged in the design and development, production and sale of the brand of "Georges white" and "Giuseppe" brand. The main products include men's and women's suits, trousers, vest, skirt, shirt, jacket, windbreaker, standard and sports school uniform.


This evening, the 2019 annual report released by George White showed that during the reporting period, the company achieved operating income of 1 billion 120 million, an increase of 11.6% over the same period, and realized a net profit of 140 million attributable to the parent company, an increase of 26.7% over the same period, and a profit of 0.41 yuan per share. During the reporting period, the gross profit margin of the company was 48%, an increase of 0.9 percentage points over the same period, and the net interest rate was 12.7%, an increase of 1.1 percentage points over the same period last year.


From the perspective of business structure, "shirts" are the main source of business revenue. Specifically, the "shirt" business income is 340 million, revenue accounted for 31%, gross margin of 59.8%.


During the reporting period, George White continued to strengthen the development of school uniform business. Donghua University and the white school uniforms jointly released the "2020 China school uniform fashion trend" at the Shanghai World Expo Museum. From the aspects of Applied Science and technology, personality, natural environmental protection and traditional implication, the future development direction of school uniform industry was introduced, and the educational function and inheritance function of uniforms were deeply explored. Industry innovation concept.


George White also put forward the "seed fission" Georges white school uniform brand training platform, "school uniform business school", together with many partners to redefine the Chinese school uniform, and through the "seed fission plan" to share the school uniform concept, connotation, culture and other new standards to each student. The company admits that the school uniform business is still in the stage of consumption upgrading. In the future, it will focus on superior resources, make the school uniform business as a strategic focus and strive to gain a certain market position in the Chinese student service market.


Georges White said that in recent years, the market of professional wear has gradually focused on the top businesses and brand enterprises. While maintaining and developing the existing market and scale of professional wear, the company will play the core competitiveness of the company in the volume customization business, and further play the brand effect of the "high-end high-end professional wear leader" and make it bigger and stronger.


With more and more listed clothing enterprises carrying out school uniform business, the competition in school uniform is becoming increasingly fierce. In the future, the school uniform market will take "quality", "branding" and "marketization" as the main development direction. The school uniform company will continue to develop a new medium and high-end school uniform business in partnership mode and cultivate new revenue and profit growth points for the company.