Fully Completed Half Year Target Wanda Department Revenue Increased By 62%

< p > > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > Wanda Department Store < /a > performance in the first half of the year: revenue 11 billion 130 million yuan, an increase of 62% year-on-year, completed 44% of the annual revenue target, 108% of the first half of the target, and the net profit target was also overfulfilled.

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< p > Wang Jianlin said that this is the first complete half year goal of Wanda Department in 3 years. At the same time, it has also proved that although online shopping is developing rapidly, line business can achieve good results as long as the adjustment is in place and the method is right.

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< p > < < a href= > http:// > www.sjfzxm.com/news/index_c.asp > Wanda < /a > its retail format. The predecessor of Wanda Department Store is thousands of department stores. Its original intention is to cooperate with Wanda Plaza's investment promotion and residential sales. The ideal location of department stores is in the core business circle. Wanda Plaza chooses the more remote area to get cheaper plots, and as the main store, Wanda Department Stores follow up, which brings difficulties to its a href= http:// www.sjfzxm.com/news/index_c.asp.

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< p > but according to the sales performance in the first half of the year, Wanda Department store has more confidence in its development.

In July 17th, Wang Jianlin made a report on Wanda Group's 2014 half year work report, though it made a request for Wanda's 14 billion 900 million yuan in the second half of the year.

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< p > according to the contents of its work report, Wanda Group has several major tasks to focus on in the second half of the year: first, to invest billions of businesses to set up electricity suppliers; the two is to establish financial groups; and the three is to promote the listing of companies.

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< p > in recent years, with the improvement of China's comprehensive national strength and the continuous increase of residents' income, China's luxury consumption has been refreshing.

McKinsey, a world-renowned consultancy, has released a report that Chinese consumers spend 18% annually on luxury goods and will reach 27 billion dollars by 2015, ranking first in the world.

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< p > as an important component of tourism industry, the stimulating effect of shopping especially high-end luxury consumption on tourism industry is obvious.

In April 20, 2011, the implementation of the "Islands tax exemption" in Hainan Island caused great purchasing power to the Chinese people.

From the beginning of the opening period to the end of May this year, the duty free shops in Sanya have accumulated nearly 7 billion yuan of business revenue.

Moreover, in 2013, Sanya duty-free business revenue accounted for 12% of Sanya's tourism revenue and showed an increasing trend year by year.

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< p > in June 20th this year, the first exhibition of tourism commodities in Yili, Xinjiang and the Huoerguosi textile and light products exhibition in 2014, the exhibits provided by Huoerguosi Sino free international trade Co., Ltd. were just sold out, and the first day sales exceeded 100 thousand yuan.

The exhibition was sold out until the exhibition ended.

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< p > Zhang Peisong, director of the Business Administration Bureau of Huoerguosi Economic Development Zone, is very optimistic about the development prospect of the tax-free business.

He believes that with the opening of the mall, Huoerguosi can create a shopping paradise in Western China comparable to Hongkong and a high-end commodity distribution center in the world.

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