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31Q Product Quality Is Strong This Year The First Quarter Of The Same Store Sales Increased By 14.7%
April 13th,
360 degree
As of the first quarter of March 2011, the international retail store posted an average growth of 14.7% in the same store.
As of the end of March, the number of retail stores in the group reached 7457, with a net increase of 194 in the first quarter.
360 degree
The group's retail sales recorded strong growth in January and 2 this year, but in March it was softened after the Lunar New Year's advance sales.
Its retail discount has been maintained at about 20% in recent years.
Due to the relatively strong growth in retail sales, the channel inventory ratio dropped to 3.3 times the monthly turnover, which was 3.9 times at the end of December last year.
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