Wolf Wolf, A Fashionable Wolf'S Double-Digit Growth In Revenue And Net Profit

In 2017, the total revenue of seven wolves was RMB 3 billion 85 million yuan, operating profit was 394 million yuan, and net profit attributable to parent company was 317 million yuan, up 16.87%, 30.52%, 18.48%, respectively.

At present, the seven wolf business mainly covers two industries: clothing and information technology.

Industry income of 2 billion 998 million yuan, also accounted for 97.18% of business revenue, an increase of 17.40% over the same period last year.

A wolf in fashion

The seven wolves, once a traditional classic menswear brand, now aim to create "seven wolves fashion group" and cast their vision in the international arena. Last year, through the action of incubation and merger, the company stepped out of the important step of "multi brand internationalization".

In order to tide and compete internationally

The seven wolves hatched the trendy "WolfTotem". Last year, they opened their first store in Shanghai, and in the 2018 spring and summer Milan fashion Zhou Liangxiang, they were stunned by the industry.

At present, it is mainly stationed in buyers' stores, and has entered into cooperation with boutique buyers in more than 20 countries and regions of the world, and will open shops in China's second tier cities in the future.

Acquisition of the same name Karl Lagerfeld

In August 2017, the seven wolves bought a share of the French luxury brand designer Karl Lagerfeld Greater China Development Limited for 320 million 400 thousand yuan to acquire the brand and sales channel of KarlLagerfeld in Greater China, so as to get involved in the international light luxury clothing market.