361 Degrees International (1361) Q4 2024 earnings summary

Executive summary

• Achieved strong retail sales growth across all channels in Q4 2024, with core brand up 10%, kids brand up 10–15%, and e-commerce up 30–35% year-over-year.

• Expanded product offerings with new launches, including down jackets, signature shoes, and co-branded collections, enhancing brand appeal and market presence.

• Strengthened brand influence through high-profile sports event sponsorships, pop-up fitness events, and partnerships with educational and sports institutions.

Financial highlights

• Retail sales of core branded products grew approximately 10% compared to Q4 2023.

• Kids branded products saw 10–15% retail sales growth year-over-year.

• E-commerce retail sales surged 30–35% compared to the same period last year.

Outlook and guidance

• Continued focus on technology-driven innovation and multi-scenario product adaptability to meet diverse consumer needs.

• Ongoing digital marketing and product launches expected to sustain e-commerce momentum.