zuoan fashion news and archive

Zuoan Fashion Q3 revenue down 20.1 percent

Zuoan Fashion third quarter revenues showed a decrease of 20.1 percent over the same period last year. Gross profit decreased 30.3 percent year-over-year compared to the third quarter of 2012. Third quarter 2013 gross margin was 40.9 percent compared with 46.9 percent in the same quarter of 2012. The decrease in gross margin was primarily due to...

Design

Zuoan Fashion Q2 revenue up by 5.3 percent

Chinese menswear fashion company Zuoan Fashion announced its second quarter results, which ended on June 30th, 2013. Net profit increased by 2.2 percent from 66.2 million yuan (10.8 million US dollar) last year to 67.6 million yuan (11 million US dollar) in the second quarter due to a higher sales volume and lower selling and distribution costs....