China Dongxiang (Group) Co., Ltd. reported that the company’s Kappa-branded retail stores in China posted mid- to low-single-digit year-over-year growth for the second fiscal quarter ended September 30. Comp-store sales recorded a mid-single-digit increase for the Q2 period.
For the fiscal first half, the retail performance of Kappa-branded stores recorded a high-single-digit increase on a year-over-year basis. Comp-store sales posted high-single-digit growth for the fiscal H1 period.
The company had 1,002 Kappa-branded stores at second quarter-end, a net decrease of 21 stores compared to those at the fiscal first quarter ended March 31.
