During the reporting period, with the ghd outlet, Construction Bank, as well as in depth IBM strategic cooperation and make our own sales network, logistics and information systems re-raise. To continue building information, logistics, human resources, and more background on the basis of the platform and with the increase in the GHD, the Fixed Cost input is valid, as assessed by the single store operation quality and size of sales increases, the cost of making GHD than the same period last year by 11.08 % to 8.92 % lower.
In addition, the ghd australia has also been effective in rising, the inventory turnover days shortened a year earlier, 6.29 days for the whole of last year compared with 7.41 days shorter. Shopping malls, there is no forever friends; also there is always the enemy. Channel conflict between the vendor and it is not unusual. However, in the first half of this year, the United States, both the GHD is with supplier relations in the important position.
The United States through the debt into equity funds can be used for the improvement of relations with the supplier in the industry, and companies, such as including ghd hair straightener has taken more preferential policies, and even a zero comes into play for pilot to express faith. It is also quite clear that during the reporting period, the United States in other income by the income from the supplier in the same period last year, $332 million to $985 million in this year, with more than 200 per cent growth. While GHD also said that, as the relationship between suppliers and further in-depth, the company's gross profit margin is improving steadily.
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