Hansome, Q3 Operating Profit Up 41%... Consumer Sentiment Recovery

Hansome System Studio 2021 FW Paris Fashion Week Collection

[Asia Economy Reporter Lee Seung-jin] As consumer sentiment, suppressed by COVID-19, revived, Hansome posted solid results in the third quarter of this year.

Hansome, a fashion specialist company affiliated with Hyundai Department Store, announced on the 5th that it recorded an operating profit of 31.8 billion KRW on a consolidated basis in the third quarter of this year. This is a 41% increase compared to the same period last year. Sales during the same period amounted to 296.4 billion KRW, up 13.5%.

Accumulated operating profit for the third quarter reached 100.5 billion KRW, a 52.4% increase compared to the same period last year. Sales recorded 942.4 billion KRW, up 16.4%.

This is analyzed to be due to the base effect of COVID-19 and the simultaneous revival of consumer sentiment, resulting in balanced growth in both online and offline performance.

A Hansome official explained, "In the case of online mall sales, double-digit growth continued in the first half, and the proportion of online sales in total sales expanded to 21%."

This content was produced with the assistance of AI translation services.