HK Stock Market Move | 361 DEGREES (01361) rises nearly 6%, main brand products achieve mid-single-digit positive growth in third-quarter retail sales, with sales momentum continuing a steady growth trend.

361 DEGREES (01361) rose nearly 6%, up 5.73% as of press time, at HK$4.89, with a turnover of HK$6.7283 million. On the news front, on October 15, 361 DEGREES announced that the retail sales (calculated by retail value) of 361 main brand products for the third quarter of 2026 achieved mid-single-digit positive growth compared with the same period in 2025. The retail sales (calculated by retail value) of 361 children's wear brand products for the third quarter of 2026 achieved mid-single-digit positive growth compared with the same period in 2025. The overall gross merchandise value of 361 e-commerce platform products for the third quarter of 2026 achieved mid-to-high single-digit positive growth compared with the same period in 2025. CICC pointed out that in terms of offline channels, both the main brand and children's wear offline gross merchandise value achieved mid-single-digit year-on-year growth in 3Q26, remaining resilient despite overall industry pressure. At the same time, the company continued to maintain healthy operations, with offline retail discounts flat year-on-year at 30% off, and the inventory-to-sales ratio maintained in the 4.5-5x range. In terms of online channels, relying on the continuous launch of standout products in 3Q26, the company's online gross merchandise value achieved mid-to-high single-digit year-on-year growth on a high base, with discounts remaining stable. In terms of overseas business, as an official partner of the Nagoya Asian Games in September, the company further enhanced the brand's overseas voice, and the overseas gross merchandise value growth rate in 3Q26 maintained the growth trend of 1H26, with good performance in both online independent sites and offline channels.