Lao Airlines has had a change of course regarding the resumption of flights to certain destinations thanks to strict provincial Covid-19 restrictions.
Prime Day delivered the two biggest days ever for small businesses on Amazon.sg and big savings for Prime members
- 17,000 small businesses participated in Amazon.sg’s Prime Day this year
- Top categories that members shopped and saved on included PC, grocery and health & personal care, with best-selling items including SongHe Thai Fragrant Rice, Sukin Botanical Body Wash and Razer Basilisk x Hyperspeed Wireless Gaming Mouse
- More than 250 million items were purchased by Prime members worldwide
SINGAPORE – Media OutReach – 24 June 2021 – (NASDAQ: AMZN) — Amazon just concluded two days of incredible deals with Prime Day 2021, once again delivering big savings for Prime members. With more than 17,000 small businesses in this year’s Prime Day, the 48-hour shopping event saw strong earnings for small businesses selling on amazon.sg/primeday.
“Prime Day was a great success this year as we helped many small businesses boost their sales online and Prime members enjoyed great cost savings over two days,” said Henry Low, Country Manager, Amazon Singapore. “We’re both excited and heartened to see that more and more Prime members are joining our initiatives to support small businesses and are huge fans of #ShopLocal. A big thank you to everyone in our Singapore teams who played a part in making Prime Day 2021 enjoyable for our shoppers. Together, we look forward to many more of such milestones and to continue growing our support for small businesses while delivering the best shopping convenience and experience to shoppers.”
Prime members shopped and found great deals across nearly the entire catalog of products across small businesses and top brands, with home, PC and electronics being the best-selling categories. This was also the first Prime Day in Singapore with Amazon Fresh store products being made available on Amazon.sg. Amazon Fresh is the new and improved two-hour grocery delivery service that was launched last December, and Kleenex Tissue, Pampers Diapers and Tiger Beer were some of the best-selling products this Prime Day.
Highlights from Amazon’s Prime Day 2021 in Singapore
Small Business Success on Prime Day
In an earlier released study with YouGov, Amazon Singapore found that shoppers across generations in Singapore were keen to support local businesses, and this trend was clearly reflected during Prime Day 2021. This year saw yet another record-breaking sales event for small businesses, with thousands of deals from small businesses, 7,000 of which joined Prime Day for the first time. Highlights include:
Top selling categories for small businesses include:
1. Home
2. PC
3. Electronics
4. Health & Personal Care
5. Kitchen
Top selling products from local small businesses include:
1. 2-in-1 Shiatsu Foot and Back Massager from Snailax
2. Cressent Dale Premium Fitted Sheet Sets from Epitex
3. Adjustable Ergonomic Laptop Stand from Oli & Ode
4. Feeding Bottle and Breast Milk Storage Lid Bundle from Hegen
5. Baby Monitor VAVA 720P from Trekvue
“We’re proud to participate in our very first Prime Day, and it was exciting to see the amazing response to our products during the two days. Thanks to the Fulfillment by Amazon service, we were able to focus on marketing activities and promotions for our products without having to worry about packing and sending over packages on time,” Judy Fan Zhang, Epitex.
“Amazon Singapore put in huge efforts to make Prime Day a big day of sales for small businesses like ours. We were thrilled to see sale numbers for our top-selling Snailax massagers hit above and beyond our targets on the first day alone. The experience has exceeded our expectations and we’re so glad to have collaborated with Amazon Singapore,” Kang Siok Lan, Snailax.
Prime Day’s biggest savers and sellers in Singapore
Prime members were given the chance to save big in both the lead-up to Prime Day and during Prime Day with over 2 million deals. Members shopped across Amazon’s wide catalog of products including toys, electronics, beauty, kitchen, home, baby products and more. Some of the top trending products and best-selling deals shopped during Prime Day include:
On Amazon.sg:
Top 5 categories Prime members shopped and saved on:
1. PC
2. Grocery
3. Health & Personal Care
4. Electronics
5. Toys
Top selling products on Prime Day:
1. Thai Fragrant Rice (5kg) from SongHe
2. Botanical Body Wash (1L) from Sukin
3. Basilisk X Hyperspeed Wireless Gaming Mouse from Razer
4. Red Label Cabernet Merlot from Wolf Blass
5. Body Fat Scale, Smart BMI Scale (Black) from RENPHO
On Amazon Fresh:
1. Ultra Soft Bath Tissue (Pack of 20) from Kleenex
2. Premium Care Pants Diapers (XL, pack of 36) from Pampers
3. Lager Beer Can Carton (320ml, pack of 24) from Tiger
4. Elite Active 75t Earbuds (Amazon Edition) from Jabra
5. Genius 9000 Electric Toothbrush (Black) from Oral-B
Fun Facts from Prime Day
- Customers purchased an amazing amount of SongHe rice, our top-selling product during Prime Day, enough to create a straight line from Singapore to Tokyo.
- The volume of beer, wine and spirits purchased during Prime Day can fill more than an Olympic sized pool.
- The biggest purchase made during Prime Day in terms of value was the ROG STRIX GeForce RTX 2080TI Gaming Graphics Card from ASUS at over S$2,000.
Prime Day Show
This year’s Prime Day also included a three-part immersive musical event presented by Amazon Music, featuring multi-award winning and groundbreaking artists Billie Eilish, H.E.R., and Kid Cudi. All three episodes premiered globally on Prime Video from June 17 and will continue to be available for streaming for a month.
Every Day Made Better with Amazon Prime
Amazon Prime was designed to make your life better every single day. Over 150 million paid members around the world enjoy the many benefits of Prime, including the best of shopping and entertainment. In Singapore, Prime membership includes unlimited access to award-winning movies and TV episodes with Prime Video, unlimited access to video game benefits with Prime Gaming, Prime Day, and more. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy access to tens of thousands of items available for free two-hour delivery on Amazon Fresh on orders over S$60, as well as free one-day delivery on domestic Prime eligible selection on Amazon.sg. Members also enjoy access to millions of products on Amazon International Store with free international delivery on eligible orders over S$60. Prime is S$2.99 per month. Start a 30-day free trial of Prime at amazon.sg/prime.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.
SOCIAL HANDLES:
Instagram: @Amazon.SG
Facebook: @Amazon.sg
Twitter: @AmazonSG
#Amazon #AmazonSG
Laos Confirms Four New Cases of Covid-19
Laos has confirmed four new cases of Covid-19, bringing the total number of cases to 2,080.
Laos, Myanmar, Thailand and China begin Mekong River Patrol
Law enforcement agencies from Laos, China, Myanmar, and Thailand came together on Tuesday for the 106th Mekong River joint patrol.
Lao Authorities and Women’s Union Assist Trafficking Victims
Lao authorities in cooperation with the Lao Women’s Union have successfully assisted two young women who became victims of human trafficking.
Vientiane Rezones Over 20 Villages into New District
Some 24 villages in Vientiane’s Xaythany District are being rezoned under the administration of Vientiane Capital’s newly created Danxangmixay District.
China Dongxiang Announces Annual Results FY2020/2021 Revenue Increases by 27.8% to RMB1,970 Million
Direct Franchised Reform Bears Fruit
Overall Business Achieved Healthy and Stable Development
Results Highlights
(RMB million) |
For the twelve months ended 31 March |
||
FY2021 |
FY2020 |
Change |
|
Revenue |
1,970 |
1,541 |
+27.8% |
Gross profit (before reversal of/ provision for impairment of inventories) |
1,292 |
1,023 |
+26.3% |
Gross profit margin (before reversal of/ provision for impairment of inventories) |
65.6% |
66.4% |
-0.8ppt |
Operating profit |
2,070 |
530 |
+290.6% |
Operating profit excluding gains of investment segment |
59 |
-18 |
N/A |
Profit attributable to owners of the Company |
1,811 |
366 |
+394.8% |
Basic earnings per share (RMB cents) |
30.88 |
6.25 |
+394.1% |
Recommended total dividend per share (RMB cents) |
10.77 |
4.36 |
+147.0% |
HONG KONG SAR – Media OutReach – 23 June 2021 – The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. (“China Dongxiang” or “the Company”, together with its subsidiaries, “the Group”, HKEx stock code: 3818), announces its annual results for the twelve months ended 31 March 2021 (the “Reporting Period”). The Group’s revenue reached RMB1,970 million for the Reporting Period, representing a growth of 27.8% year-on-year (yoy). Profit attributable to owners of the Company was RMB1,811 million, representing an increase of 394.8% yoy. Basic earnings per share increased by 394.1% yoy to RMB30.88 cents. The Board of Directors has proposed to distribute 35% of the profit attributable to owners of the Company for the twelve months ended 31 March 2021 as full-year dividend.
Operational Highlights
Intensive cultivation focusing on China market
During the Reporting Period, domestic consumer sentiments gradually improved as the pandemic has come under control, accelerating the growth of new trend in online purchasing. The Group seized the opportunities with the implementation of delicacy operation in three dimensions of big logistics, retail localization and product sales, strengthening management of localized sales teams, driving digitalization of the omni-channel and uplifting the professional competence of product management teams. It further speeded up inventory turnover of omni-channel, enhanced channel control and swiftly responded to market, bringing great improvement in operational efficiency. During the Reporting Period, the Group reported stable growth in the performance of outlet stores and shopping malls. As at 31 March 2021, the Group had a total of 1,170 Kappa stores (excluding Kappa Kid’s stores), representing a net increase of 41 stores as compared to last year.
Delivering brand connotation by focusing on minority sports activities
In terms of brand marketing, the Group continued its cross-sector collaboration with IP and celebrities, incorporating latest trends and cultural ideas into the brand, delivering the brand spirit of “Never Settling for the Mediocre; Never Compromise”. This included the Halloween AI Series in collaboration with young domestic artist Cao Yu (曹羽); teamed up with Mak Ling Ling, a well-known Feng Shui master in Hong Kong, to launch the 2021 CNY “Kappa Fortune” series, increasing its brand exposure. The Group will swift its brand focus back to sports and target the younger generation as its customer group. Focusing on niche and high-end sports, the Group partnered with Chinese Equestrian Team, National Fencing Team and Skateboarding Team to open up opportunities arising in middle- to high-end sports market segment.
Embracing the new era with ongoing digitalized omni-channel model
With the pandemic gradually recovering and reviving customer traffic, the Group’s digitalization and omni-channel reform has become evident. During the Reporting Period, the Group’s e-commerce has achieved stable growth, with digitalization and omni-channel operation remained as its strategic focus. In addition to maintaining its competitiveness on mainstream platforms, the brand also actively explored new emerging platforms, such as Xiaohongshu, Pinduoduo and Douyin, demonstrating the Group’s versatile marketing strategies of targeting younger customer groups. On the other hand, the Group optimized its SCRM membership system, cloud storage and smart store system to facilitate the integration of omni-channel. E-commerce business recorded a 31.7% growth for the full year.
To better focus on its business in China market, subsequent to the disposal of the trademark of “Kappa” Japan in July 2020, the Group also decided to license the “Phenix” brand to franchised operators. This allows the Group to dedicate all of its resources and marketing efforts to the development of its core brand in China market.
Investment segment performs well with diversified portfolios to spread risk
During the Reporting Period, the Group reported a net asset value of RMB10,518 million for its investment segment, representing growth of 10.1% as compared to the same period last year, with investment gains amounted to RMB2,095 million. In the future, the Group believes that investment segment will generate stable and sustainable return for shareholders with prudent investment strategies and outstanding investment partners.
Mr. Chen Yihong, Chairman and Executive Director of China Dongxiang, said, “The pandemic brought enormous challenges to the industry, but also presented unprecedented opportunities to sportswear brands in China. The post-pandemic change in consumption preference has indirectly driven the demand for sportswear products. The Group successfully navigated the situation with the brand spirit of innovation and “Not Settling for the Mediocre”, achieving fruitful results. Looking forward, the Group is fully confident in the prospects of China’s economy and sportswear industry. With a number of international sporting events coming up, the Group will seize the market opportunities ahead, striving to achieve record-high results. The Group will continue to take profitability at the core, and collaborate with outstanding partners in quality projects with a global vision, generating stable and sustainable returns for our shareholders.”
About China Dongxiang (Group) Co., Ltd. (Stock code: 3818)
China Dongxiang (Group) Co., Ltd. is a leading international sportswear brand enterprise in China which has been listed on the Main Board of the Hong Kong Stock Exchange since 10 October 2007. The Group is primarily engaged in the design, development, marketing and wholesale of branded sportswear in China. Currently, China Dongxiang owns all rights to the internationally renowned Kappa brand in Mainland China and Macau. Since April 2008, the Group became the owner of the brand Phenix. Phenix is a well-known skiing brand in the international market.
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