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Merino & Co Limited ( (AU:MNC) ) has shared an announcement.
Merino & Co. has secured a new distribution agreement with a Shanghai-based omni-channel partner, enhancing its presence in China’s luxury apparel market. The agreement, which includes annual committed sales of CNY ¥7 million, allows Merino & Co. to expand its brand across China without significant market-entry investment, leveraging the distributor’s extensive network. This partnership, along with a previous agreement with BINJORA, positions Merino & Co. to scale its distribution and increase brand visibility in China’s lucrative luxury fashion market.
More about Merino & Co Limited
Merino & Co. is a vertically integrated company that designs, manufactures, markets, and sells wool products. The company offers merino wool garments and accessories in Australia through its online store and offline distribution channels.
Average Trading Volume: 21,083
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.85M
For an in-depth examination of MNC stock, go to TipRanks’ Overview page.