Chinese down apparel giant Bosideng reported fiscal 2025/26 revenue of 27.35 billion RMB ($4.0 billion), up 5.6%, with net profit rising 13.7% to 3.99 billion RMB ($587 million). Core down apparel revenue grew 8.7% to 23.56 billion RMB ($3.5 billion), lifting its share to 86.2%, a two-year high, as non-core segments contracted. OEM revenue fell 8.3%, while womenswear and diversified clothing declined 14.3% and 34%. The group continues pursuing premiumization, and its Snowflying brand delivered double-digit growth. Gross margin edged down 0.1 points to 57.2%, with inventory turnover at 117 days.

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