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Menswear manufacturer China Lilang lowers full year outlook

For the six month period, menswear player China Lilang’s sales revenue increased by 7.3 percent to 1,600 million Chinese yuan driven by strong demand for smart casual collections. For 2024, the company’s revised plan includes opening 50 to 100 new stores instead of 100 to 200 mainly in shopping malls and outlets. The overall sales growth target...

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