The Decline Of The Igg Group In China Has Been Offset By The European Market.

< p > France < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > the retail business group, France, the second quarter turnover of the French group (Etam) has increased to 0.7% euros, which is mainly due to the sales volume in the European market, and the decline of the group in China has also been offset.

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< p > the brand of AGG group mainly includes Etam and 1.2.3.

In the first half of this year, sales reached 596 million 800 thousand euros, up to 0.7%.

According to the same store and the same exchange rate, the group's turnover increased by 1.4% in the quarter and 1.6% in the first half.

The group said that although its economic environment was difficult and its climate conditions were unfavourable, its second quarter performance in the European market was still satisfactory.

In the second quarter, the European region's turnover grew by 1.8% to 189 million 800 thousand euros, and the growth rate in the first half of the year increased by 2.6% to 384 million 800 thousand euros.

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< p > this performance is mainly due to the improvement in the French market, which has increased by 3.2% in the first half of this year, which can make up for the decline of the group in other countries in the region (down 1.8%).

According to the brand, the overall growth of the European market is still dominated by 1.2.3 brands. The growth in the current and the first half of this year is 2.5% and 4.4% respectively.

Etam brands were 1.6% and 2.1% respectively.

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The good performance of the "P" European market has been able to compensate for the decline of the group in the Chinese market.

Although the exchange rate is favorable, the Group recorded a 2.2% decline in China this quarter, while a 2.6% decline in the first half.

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< p > in the face of brand positioning and sales channels, the group has started to reduce inventory and rational production in China in recent months.

Since early 2013, the group has also cut 117 stores in department stores.

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