Bags / Shoes & Accessories

According to fashion business news, Prada, Stella Luna and other brand shoes and handbags supplier Jiuxing Holdings in the first half of the year, the revenue rose 18.9% year-on-year to 827 million US dollars, and the net profit soared 94.48% to 60.547 million US dollars.

The group said that revenue growth was mainly attributable to an increase in orders from the fashion, sports and luxury footwear manufacturing business, with shipments increasing by 9.4% to 29 million pairs, and the average selling price increasing by 7.8% to US$27.8.

Jiu Xing Holdings Limited is an investment holding company principally engaged in the development, manufacture and sale of footwear products. The company operates through three business segments. The Men's Footwear segment is engaged in the manufacture and sale of men's footwear. The Women's Footwear segment is engaged in the manufacture and sale of women's footwear. The Others segment is engaged in the retail and wholesale business of footwear. The company's subsidiaries include Hing On International Trading (Macau Offshore Business Services) Co., Ltd. The company also engages in marketing activities through its subsidiaries.