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Onward Holdings Co., Ltd. ( (JP:8016) ) has provided an update.
In December 2024, Onward Holdings reported a significant increase in net sales compared to the previous year, with total sales at all stores rising by 136.7% due to the consolidation of WEGO Co., Ltd. The company attributed this growth to successful sales promotions, increased demand for winter clothing, and effective digital marketing strategies at Onward Personal Style, which helped attract new customers. WEGO also contributed to this success with steady sales in physical stores and collaborations with influencers.
More about Onward Holdings Co., Ltd.
Onward Holdings Co., Ltd. operates in the apparel industry, providing a range of fashion products including winter outerwear and knitwear. The company focuses on both physical retail and e-commerce, with a special emphasis on digital marketing to expand its customer base. It has recently consolidated WEGO Co., Ltd., enhancing its market positioning.
YTD Price Performance: 0.0%
Average Trading Volume: 18
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €484.3M
See more insights into 8016 stock on TipRanks’ Stock Analysis page.
