
Can Vipshop Weather the Storm in a Booming Retail Industry?
Vipshop Holdings experiences a revenue decline of 3.9%, down to CN¥108.4 billion, with net income also decreasing by 4.6% to CN¥7.74 billion. The company’s profit margins have slightly decreased to 7.1% from 7.2% last year. Earnings per share (EPS) showed a minor