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Tag: crocs

  • Crocs and M&M’s team up on colourful clog collection

    Crocs and M&M’s team up on colourful clog collection

    In a creative new partnership, M&M’s and Crocs have collaborated to launch a limited-edition line of clogs. The collaboration is a celebration of the shared appreciation for creativity, playfulness, and fun, both brands claim.

    The Unique Designs

    The new clog collection comes in two distinct styles. The M&M’s Classic Clog features vibrant graphics and themed charms that are sure to catch the eye. The second style, the M&M’s Bae Clog, is finished with glitter and boasts a platform heel. This style also comes with a set of seven Jibbitz charms, each representing the beloved characters from the M&M’s chocolate candy brand.

    Carly Gomez, SVP and CMO of Crocs, added insight into the collaboration by stating that both Crocs and M&M’s are brands that are full of personality and unapologetically bold. As a result, the new shoe collection is as expressive as the fans who are expected to wear it.

    Availability

    The M&M’s x Crocs collection will be available for purchase next month. Shoppers worldwide will have access to this unique collection, with product availability spanning over 40 markets. These include major regions such as the United States, Europe, Asia, and Australia.

    Questions & Answers

    What are the styles of the M&M’s x Crocs collection?
    There are two styles in this collection; the M&M’s Classic Clog with vibrant graphics and themed charms, and the M&M’s Bae Clog with a glitter finish and a platform heel.

    Where will the M&M’s x Crocs collection be available?
    This collection will be available in more than 40 markets worldwide, including the United States, Europe, Asia, and Australia.

    What is unique about the M&M’s x Crocs collaboration?
    Crocs and M&M’s are brands that are known for being unapologetically bold and full of personality. The collaboration has resulted in a collection that reflects the brands’ shared appreciation for creativity, playfulness, and fun.

  • Timely match: G-Shock and Crocs in limited-edition collab

    Timely match: G-Shock and Crocs in limited-edition collab

    G-Shock, the reputable watch brand from Casio, has teamed up with Crocs to introduce the Echo Wave Bundle, a unique footwear range.

    Exclusive Collaboration

    This exclusive partnership has resulted in a cream-hued footwear collection featuring a glow-in-the-dark finish. The innovative shoes are not your average pair, as they are designed with a flexible yet detachable watch module. Taking inspiration from G-Shock’s style, the shoes come with a modular watch case attached to a marbled ankle strap.

    Technical Features

    In addition to its stylish design, the incorporated timepiece offers G-Shock’s signature technical features. These include a 200m water resistance, double LED lights, shock resistance, a stopwatch, a timer, and world time functionality.

    Release Details

    The Crocs x G-Shock Echo Wave Bundle is set to launch on May 27. Available for purchase at a price of US$200, interested buyers can place their orders on Crocs’ official web platform or through selected retailers.

    Questions & Answers

    What is the unique feature of the Crocs x G-Shock Echo Wave Bundle?

    The footwear has a detachable watch module and a modular watch case attached to the ankle strap.

    What are some of the technical features of the timepiece on the Echo Wave Bundle?

    The timepiece offers a 200m water resistance, double LED lights, shock resistance, a stopwatch, a timer, and world time functionality.

    When and where can the Echo Wave Bundle be purchased?

    The product will be available from May 27 on Crocs’ website or at selected retailers.

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  • New Crocs concept store openening in Manila

    New Crocs concept store openening in Manila

    The first modular Crocs concept store in the Philippines has opened in Estancia Mall, Metro Manila.

    Despite the “enhanced community quarantine” being implemented across Luzon, it didn’t stop the casual footwear brand from opening its 63rd store in the country.

    The 85.5sqm Crocs concept store showcases the classic collection of Crocs such as clogs, slides, and flips with their Jibbitz accessories.

    Literide Collection which is the bestseller is also available in the latest spring/summer 2020.

    On its website, Crocs Philippines says it will operate a skeletal workforce which started on March 17 after Metro Manila was put into enhanced community quarantine.

    Crocs will continue to offer a delivery service, however, but customers have been warned that there might be delays in some areas where travel has been suspended due to the government’s move in fighting the spread of coronavirus.

    Crocs was founded in 2002 by Lyndon “Duke” Hanson and George Boedecker Jr in the US producing foam clog shoes. The shoe was originally developed for boaties, but later evolved into more widespread use and even for fashion.

  • Crocs attracts A-listers as brand ambassadors

    Crocs attracts A-listers as brand ambassadors

    Casual footwear brand Crocs has added five new global ambassadors as it launches the fourth year of its Come As You Are global marketing campaign.

    Crocs’ lineup of famous faces now includes Suzu Hirose, Yang Mi, Zooey Deschanel, Sejeong and Priyanka Chopra. The global ambassadors for the Crocs brand this year are tasked with inspiring fans to feel comfortable in their own shoes.

    In addition to the global ambassadors, Crocs has also enlisted a diverse cast of models and influencers to bring more personal meaning to the brand message. The influencers and models will be featured in campaign photography and imagery that will be rolled out this year and will be encouraged to engage with fans through forums like social media.

    “The fourth iteration of the Come As You Are campaign is a proclamation to our fans: It’s time to stand up and stand out,” said Crocs chief marketing officer Terence Reilly. “Our new lineup of global brand ambassadors and ‘One-Of-A-Kinds’ ambassadors offers the perfect mix of star power and authentic representation to help CrocNation feel empowered and emboldened to own who they are.”

    Alongside the campaign, Crocs’ marketing efforts will focus on new, style-forward products as well as footwear comfort innovation.

    To help spread the word, Come As You Are will be seen through various digital, social, print, and in-store marketing materials with a global focus on countries including China, Japan, South Korea, the US, and Germany.

  • Crocs India opens 109th store

    Crocs India opens 109th store

    Crocs, the iconic casual footwear brand, announced the launch of its 109th store in India at Ballygunge, Kolkata. Crocs inaugurated the 580 sq.ft. store situated in one of the poshest high-street vicinity of Kolkata. With this new store, Crocs promises to strengthen the reach of the iconic brand in the ‘City of Joy’; where now has seven stores. The other stores of Crocs in Kolkata are located at City Centre New Town, Camac Street, Forum Courtyard, City Centre Salt Lake, Axis Mall, Rajarghat-New Town, and Acropolis in Kolkata.

    The new store showcases the recently launched Spring Summer’19 collection along with an array of styles which include sandals, loafers, sneakers, flip-flops, and clogs suitable for all age groups.

    Speaking on the launch, Deepak Chhabra, CEO & MD, Crocs India, said, “Kolkata is crucial market for us with huge potential and high fashion sensibilities. We are pleased to announce the launch of our 7th store in the city and will continue to strengthen our presence in the state of West Bengal. In addition to aggressively growing our EBOs, we will be strengthening our presence in tier-2 cities via MBOs and Kiosks. Further, e-commerce will remain an integral part of our distribution strategy and help us reach out to consumers where our brick and mortar presence is limited.”

    With unparalleled brand awareness and break-through product innovations, Crocs is progressing towards becoming India’s top non-athletic casual footwear brand. India is currently the 6th biggest market for Crocs globally with a double-digit growth year on year.

    Over the past 16 years, Crocs has sold more than 350 million pairs of shoes worldwide. Crocs as a brand will continue to focus on clogs and sandals, along with new product innovations and extensions of the current product line.

    Last year, Crocs launched its newest innovation ‘LiteRide™’ which is available in Flips, Slides, clogs, shoes and sandals. The LiteRide™ Collection merges sporty, on-trend styles and silhouettes with the legendary Crocs comfort that consumers expect. LiteRide™ has redefined comfort, taken the brand’s style quotient a notch higher and it has been a stellar success across genders and age groups.

    The associations with Christopher Kane and Balenciaga in the last couple of years has also further elevated the fashion appeal of the brand.

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  • Crocs opens its 100th store in India at VR Mall Chennai

    Crocs opens its 100th store in India at VR Mall Chennai

    The new store, which spreads across 625 sq. ft., is Crocs’ third store in the city and 5th in the state of Tamil Nadu. Boasting a premium location at VR Mall, the hub for luxury and international brands in Chennai, the store promises to strengthen the reach of the iconic brand in the state capital.

    Since the opening of its first store in India in 2008, Crocs has successfully carved a distinct positioning for the brand amongst the Indian consumers akin to its global positioning and is growing at a robust pace with presence across 50 cities in India.

    Crocs, which is known globally for its iconic Clogs, is turning towards India to fuel its next phase of growth. India is currently the 6th biggest market for Crocs globally with a high double-digit growth year on year.

    Metro Shoes, the national franchise partner of Crocs India, will be operating this 100th store located in Chennai. The partnership with Metro Shoes began in 2014 which has helped the iconic footwear brand in expanding its reach to over 50 cities through its EBO operations.

    Speaking on occasion, Deepak Chhabra, CEO & MD, Crocs India, said, “We are excited on reaching the century mark in India. India is one of the rare markets where even after opening 100 stores we still feel under-penetrated. Our absolute focus for the next phase of geographical expansion will continue to be on top 6 metro cities across the country along with state capitals. Exclusive brand stores are a very significant part of our growth strategy. In addition to aggressively growing our EBOs, we will be strengthening our presence in Tier-II cities via MBOs and Kiosks. Further, e-commerce will remain an integral part of our distribution strategy and help us reach out to consumers where our brick and mortar presence is limited. Region-wise South India, due to its demographics and very high brand recall, contributes the highest amongst all regions in the country and will remain an integral part of our India growth strategy.”

    Commenting on the occasion, Rafique Abdul Malik, Chairman & MD, Metro Shoes, said, “We would like to congratulate Crocs India on the launch of their 100th store and are confident that this is just one of many more milestones to follow. Metro Shoes is glad to partner with a brand which despite being just 16 years old has an iconic status with probably the highest brand-recall across the globe. India as a nation has a high affinity for open shoes and sandals owing to the climatic conditions, making Crocs highly relevant in this market.”

    With its unique brand awareness and break-through product innovations, Crocs is progressing towards becoming India’s top non-athletic casual footwear brand. Other than its EBOs, Crocs asserts its strong presence in MBO channels through which its overall offline reach extends to more than 150 cities via 1,500 + points-of-sale. Additionally, it caters to 20,000+ pin codes translating to 400 cities via its e-commerce presence.

    Over the past 16 years, Crocs has sold more than 350 million pairs of shoes worldwide. Crocs as a brand will continue to focus on clogs and sandals, along with new product innovations and extensions of the current product line. This year, Crocs India launched LiteRide™, Drew Barrymore ♥ Crocs Collection, Crocband™ Platform Collection, and Luxe Lined Collection. Last year internationally, the brand has associated with designers like Balenciaga and Christopher Kane bringing in some exciting trends to the runway which further elevated the appeal of the iconic clog in fashion space.

  • Crocs to outsource manufacturing of clogs, other footwear

    Crocs to outsource manufacturing of clogs, other footwear

    According to a report, The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in Mexico Tuesday while reporting a second-quarter profit of US $30.4 million, or 35 cents per share.

    Crocs is also closing less productive retail stores as leases expire and focusing more on online sales.

    Executive Vice President Carrie Teffner will leave the company by next April, but is stepping down as CFO on August 24.

    Anne Mehlman, a former Vice President of corporate finance for Crocs and current CFO of Zappos, will take over as CFO.

  • Crocs Philippines Launches Brand Ecommerce Website

    Crocs Philippines Launches Brand Ecommerce Website

    Catering to the growing demand of online shoppers in the Philippines, Crocs Philippines, the world leader of innovative footwear, officially announces the launch of its ecommerce website. Crocs Philippines has been working with aCommerce, the region’s leading brand ecommerce enabler to provide a frictionless online shopping experience for fashion-loving Filipinos.

    The team at aCommerce helped align the website to Crocs’ unique, stylish and playful market, with the new online shop including features such as:

    Find the Perfect Shoes

    Unlike your usual drop-down filter for colors and style, Crocs’ Find the Perfect Shoes incorporates visual and graphics to provide a fun and efficient way for shoppers to find their perfect pair of Crocs.

    Store Finder

    Online shoppers will also be able to locate Crocs’ stores nationwide with a Store Finder, a step towards offering a true omni-channel shopping experience in the near future.

    Crocs’ local ecommerce website also includes a section of ‘#ComeAsYouAre’, which is the company’s global campaign launched last year to celebrate the uniqueness of individuals and help more people get comfortable in their own shoes. This section of the website allows Filipinos to join Crocs’ global ambassadors like Drew Barrymore, YOONA and Henry Lau in sharing selfies, shoefie or favorite Crocs photos via @CrocsPH with hashtags: #CrocsPH #ComeAsYouAre.

    “Having worked with aCommerce to launch and operate our flagship store on Lazada Philippines, it was easy to extend our collaboration with aCommerce to launch our brand webstore. Since our Lazada launch, more shoppers are enjoying the comfort of Crocs especially in places where our concept stores are not yet present. We are excited to see further growth working with aCommerce.” Mark Christian Chan, President of Crocs Philippines.

    “With the success of their Lazada shop-in-shop, the team at Crocs came to us for help with their brand.com website. Having their own direct-to-consumer brand website offers opportunities to collect customer data, provide a customized online experience, and execute CRM strategies beyond what e-marketplaces are able to offer,” said Mandy, Group Director of Direct-to-Consumer Ecommerce at aCommerce.

    In the near future, Crocs will also partner with aCommerce on digital marketing services, such as performance marketing and influencer marketing to boost online sales. Currently, Crocs has a total of 57 stores in the Philippines. Its first ecommerce presence was established in April 2018, with aCommerce helping to launch the Crocs Lazada shop-in-shop.

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  • Trend of ‘ugly’ summer collection

    Trend of ‘ugly’ summer collection

    From mop shoes to bejewelled crocs, ‘ugly fashion’ is 2018’s most pervasive trend.

    In fact, it has popularised items that are so deeply uncool, wearing them proves, ironically, just how cool you are.

    The latest addition to the trend: Nike’s ‘fanny-pack’ – or as we call them in the UK, ‘bum bag’ – Benassi slides. They are sandal slides with a handy zip pouch for you to keep your… well, we’re still trying to figure that part out.

    The shoe might not be available yet, nor do we know how much this reworked Nike classic is going to cost, but having a bumbag on your foot has sent the Twitterverse into a frenzy.

    The latest addition to the trend: Nike’s ‘fanny-pack’ – or as they are called in the UK, ‘bum bag’ – Benassi slides. They are sandal slides with a handy zip pouch for you to keep your some of your belonging, not sure what yet.

    The shoe might not be available yet, nor do we know how much this reworked Nike classic is going to cost, but having a bumbag on your foot has sent the Twitterverse into a frenzy.

    But mostly, people have just been wondering what to do with this extra pocket space. The truth about ‘ugly fashion’ is that it definitely creates quite a buzz online, and cascades of UGC.

    But they are not the only shoes in the ugly fashion universe. In fact, sported by the likes of Gigi Hadid and Kendall Jenner, ‘ugly’ footwear companies like crocs have enjoyed a higher market value thanks to the effect of the trend.

    Basically, ugly fashion is here to stay.

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  • Crocs shoes lose EU patent in court blow

    Crocs shoes lose EU patent in court blow

    An EU court ruled on Wednesday that the design of Crocs shoes cannot be patented in Europe in a blow to the US-based maker of the plastic clogs.

    Luxembourg-based judges upheld a 2016 decision by the EU’s intellectual property office to cancel the patent because Crocs made the design public before registering it.

    Crocs have sold 300 million pairs around the world, according to their manufacturers, attracting devotees because of their comfort and seeming indestructibility, but attracting mockery too for their chunky shape.

    “The General Court confirms the cancellation of registration of Crocs’ design because it was made available to the public before its registration,” said the General Court of the European Union, the bloc’s second highest court.

    It said Crocs were originally granted a patent in the EU in 2005, but a rival French shoe manufacturer, Gigi Diffusion appealed against the decision in 2013.

    The EU patent office agreed, saying that Crocs’ design had already been made public in 2003 on its website and at a boat show in Fort Lauderdale, Florida, and therefore “lacked novelty”.

    Under EU regulations any design which has been made public in the 12 months prior to a patent application cannot be given a patent.

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  • Balenciaga’s Platform Crocs sold out in a blink of an eye

    Balenciaga’s Platform Crocs sold out in a blink of an eye

    In October 2017, Balenciaga unveiled an official footwear collaboration with Crocs on the runway in Paris. The Crocs, naturally, divided opinion.

    Critics thought that Balenciaga was trying too hard and collaborated for the wrong reasons, while others might not have loved the design but appreciated the attempt at something different.

    Now, several months on, the Balenciaga Platform Clogs are officially available for pre-order on sites like Barneys New York.

    Just moments after Balenciaga x Crocs’ Platform Clogs were made available to pre-order online, both pairs in the drop, sold out.

    They come in two colors, pink and “toast,” which is more like a dark tan color. A rather genius customization option in the form of pins can be attached to the perforated upper.

    Retail is $850 because, well, they’re still Balenciaga, so if you’re flush with cash and want to be what might resemble a walking meme, head to Barneys via our links below to secure yourself a pair. In the likely even that the links lead to an unavailable page, be sure to stay tuned as we will update you as soon as the collaboration becomes available again.

    In other sneaker news, ZARA’s budget Balenciaga Speed Trainers are actually fire.

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  • Crocs start expanding in India, opens store in Jaipur

    Crocs start expanding in India, opens store in Jaipur

    Crocs, the US footwear brand, as promised has started its retail expansion drive in India and opened a store at MGF Metropolitan Mall in the city of Jaipur.

    The store features a full line-up of the brand’s flats, loafers, sneakers, flip flops and its signature trademark clogs

    On the opening of the new store, CEO of Crocs India, Deepak Chhabra said the company wants to reach a customer looking for both comfort and style and opening in Jaipur is key as the city is an attraction for tourists.

    Crocs is expected to open more stores in the coming months across the country as the company had earlier said that it will open 50 standalone stores this calendar year to drive growth, especially in East and North-East part of the country.

    Chhabra in a statement earlier had said that the company is growing at over 35 per cent year-on-year and expects to double its India business within three years.

    The company globally sold 55 million pairs of shoes in 2016 while in India it sold 1.5 million pairs.

    At present, the company has 1,000 points of sales including over 35 exclusive stores. The brand’s new campaign Come as You Are with brand ambassadors John Cena, Drew Barrymore, Yoona and Henry Lau is celebrating the uniqueness of individuals and aims to inspire everyone to be comfortable in their own shoes.

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  • Crocs store is closing door

    Crocs store is closing door

    One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan.

    The store cull was announced along with another quarterly loss: the shoemaker finished its last three months US$44.4 million in the red, albeit a better performance than the same period a year earlier when it lost $73.9 million.

    Global sales were down 10.2 per cent to $187.4 million but in Asia the company says its retail sales declined by a whopping 16.6 per cent.

    Total Asian revenue was $68.8 million, down 9.8 per cent year-on-year, with wholesale revenues down 5.3 per cent (explained as a result of the sale of the South African business in April 2016). Retail sales in Asia declined 16.6 percent, despite the opening of nine stores since 2015. Online sales declined 7 per cent in Asia, which Crocs says was the result of weak sales in China on Singles’ Day.

    In Europe, revenue was down 14.2 per cent.

    As it restructures to ensure its survival, Crocs CEO Gregg Ribatt will step down on June 1, to be replaced by Andrew Rees who has for the past two years been president. The two roles will now be combined and Ribatt will remain on the company’s board.

    Rees told an analysts’ briefing that customers are responding favorably to new colors and prints added to the core Crocs molded product line.

    “We’ve also confirmed the importance of any newness to our iconic molded footwear through new color and graphic introductions, and through the expanded use of licensed characters,” he said.

    “Our spring/summer 2017 collection rolled out to warm-weather doors in November and early reads are encouraging. Going forward, our innovation and newness will be most heavily concentrated on core clogs and sandal, slips and slides where we see the greatest opportunity for growth.”

    Crocs is also banking on the endorsement of the product by celebrities Drew Barrymore, John Cena, Yoona Lim and Henry Lau who will feature in the brand’s latest Come As You Are marketing campaign launching in April.

    Full year figures

    Crocs’ full-year picture was nowhere near as bad as the last quarter’s. Total sales were $1.04 billion, down only a little from the $1.09 billion of a year earlier. On a constant currency basis, revenues declined 4.7 per cent.

    The company recorded a full-year net loss of $16.5 million, far better than the $83.2 million of 2015. Excluding non-recurring charges, the adjusted loss was $26.9 million.

    Rabat says Crocs has been reshaped into a company that :”functions more efficiently and effectively” and is in “a far better place now than two years ago”.

    “And while the operational work is critical, it is not yet, and I emphasise yet, translating into the financial gains we continue to believe are achievable.”

    Since 2014, Crocs has halved its SKU count, boosted the appeal of core sellers and added new collections.

    Once the store cull is complete in 2018, Crocs will operate about 400 outlets, adding $35 million to its bottom line in 2019. At the end of 2016 it had 558 stores.

    Carrie Teffner, Crocs EVP and CFO, says that given volatile market conditions, the company is not setting mid-term revenue and margin targets.

    “That said, we continue to believe that… longer term, the business can deliver EBIT margins in the 10 per cent range.”

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  • Smartphones outpace tablets in Asian eCommerce

    Smartphones outpace tablets in Asian eCommerce

    For the first time, 34 per cent of browser-based online transactions globally are now made on a mobile device, compared to slightly more than 30 per cent last quarter.

    And smartphones are starting to outpace tablets.

    These were key findings of the fourth quarter edition of the Mobile Payments Index by Global payments technology company Adyen, which tracks mobile payment data from browser-based transactions across its client base and monitors Asian eCommerce shopping patterns.

    It also found that many consumers in Asia are increasingly using mobile devices to shop online. This is being driven particularly by such major payments methods as Alipay, JCB and UnionPay. JCB had the highest share (54 per cent) of mobile payments on the Adjen platform, up from 47 per cent the previous quarter. Alipay increased to 44 per cent (up from 35 per cent) while UnionPay reached 31 per cent (from 23 per cent).

    “The checkout stage of the shopper journey is not the end, but the beginning of an on-going relationship with the consumer,” says Adyen Asia Pacific president Warren Hayashi. “Merchants with a frictionless mobile checkout experience are driving repeat traffic, especially in Asia.”

    For the first time, the index shows that smartphones have overtaken tablets as the preferred device for online shopping – 17.5 per cent on smartphone against 16 per cent on tablet, compared to 14 per cent and 17 per cent respectively the previous quarter.

    When it comes to mobile payments globally, the trend to use smartphones rather than tablets continues for the 10th consecutive quarter. Last quarter this share was up 2 per cent to 68 per cent on smartphone versus 32 per cent on tablet.

    Smartphone use far outweighed tablet in Asia, with 29.5 per cent of online payments on a smartphone compared to 4.5 per cent on a tablet.

    In terms of average transaction value, iPad led the way for the first time at $107, edging out not just smartphones but also desktop/laptop, the traditional leader (at $106). Following were Android tablets at $86, iPhone at $83 then Android smartphones at $73.

    Adyen has been tracking the evolution of mobile payments since June 2013. The index is based on its global browser-based mobile payment transaction data. It does not track in-app mobile payments. With its headquarters in Amsterdam and San Francisco, Adyen serves more than 4500 businesses, customers including Airbnb, Booking.com, Crocs, Dropbox, Facebook, KLM, Mango, Netflix, Spotify and Yelp.

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  • Yue Yuen sales rise on retail rollout

    Yue Yuen sales rise on retail rollout

    The world’s largest branded athletic and casual footwear manufacturer and retailer Yue Yuen Industrial says retail and wholesale sales of sportswear in Greater China rose 19.6 per cent in the first nine months of this year, due to an expanding store network.

    Yue Yuen operates more than 6000 retail stores and concessions across Greater China under its own name as well as the international brands it manufactures for.

    Total sportswear sales reached US$1.7 billion compared to US$1.456 billion in the same period last year. Other factors in the growth were the company’s efforts to increase efficiency and a better merchandise selection.

    Sales of athletic shoes were up by 3.4 per cent and sales of casual shoes were down by 5.6 per cent. The total volume of shoes sold increased by just 1.1 per cent to 231.4 million pairs for the period.

    Hong Kong listed Yue Yuen designs and makes shoes for brands including Nike, Crocs, Adidas, Reebok, Asics, New Balance, Puma, Timberland and Rockport as well as operating its own network of retail stores under the YY Sports brand, through subsidiary Pou Shen.

    The increased athletic shoes and sportswear sales helped boost Yue Yuen’s overall revenue by 5.8 per cent to US$6.3 billion and gross profit by 9.1 per cent to $1.422 billion. Total net profit attributable to owners of the company was $285.6 million, up 36.6 per cent year on year, according to figures filed with the stock exchange.

    Pou Shen, which opened 771 new points of sale during the nine months, increased its gross profit by 32.5 per cent to $566.5 million due to management’s strategy to concentrate on the retail business, improved operating efficiency, and better procurement of inventory.

    YY Sport instore wide