Goodbaby International Reports Strong Revenue Growth Amid Market Challenges

On May 8, 2025, Goodbaby International Holdings Limited, renowned for its leading position in the global parenting products sector, disclosed its revenue figures for the first quarter of 2025. The company announced a commendable revenue increase of 7.5% year-over-year, amounting to approximately HK$2,034.9 million. This growth signifies the company’s resilience despite the fluctuating macroeconomic conditions and global uncertainties.

During this quarter, Goodbaby's subsidiary, CYBEX, played a pivotal role in propelling overall revenue, achieving an impressive growth rate of 17.6%. The revenue for CYBEX reached around HK$1,145.3 million, bolstered by heightened market demand across various categories. The brand has notably expanded its market share, indicating robust performance across its outlets.

Conversely, Evenflo, another key player under Goodbaby, faced challenges with its revenue slipping to HK$519.1 million. This decline was primarily attributed to reduced sales of lower-priced products, although it was partially mitigated by a rise in demand for higher-end offerings. Additionally, the brand gb experienced double-digit growth within its proprietary retail channels, which helped offset losses seen in wholesale avenues. The company continues to maintain robust relationships with its Blue Chip clients, yielding notable revenue gains in that area as well.

Mr. Tongyou Liu, Executive Director and Group CEO of Goodbaby International, expressed cautious optimism about the future. He outlined that the company is prepared to navigate the challenges ahead, including macroeconomic uncertainties, supply chain interruptions, and declining consumer confidence driven by geopolitical tensions and trade barriers. Liu emphasized the diversified portfolio of brands and a comprehensive global distribution network as essential assets in minimizing risks associated with any specific market.

Moreover, Goodbaby’s integrated one-dragon platform, which synergizes manufacturing and operational services, allows it to leverage its extensive production capabilities in both China and North America. As the company looks toward the latter half of 2025, it plans to remain vigilant in monitoring the macro environment and may implement various strategies, such as price adjustments, cost efficiency initiatives, and supply chain modifications to ensure sustainable growth and enhancement of its expansive product offerings.

In summary, as a world-leading parenting products company, Goodbaby International Holdings Ltd., identified by its stock code 1086, remains devoted to serving families globally through its range of products, which includes children's car seats, strollers, bicycles, and other essential childcare items. With a focus on innovation and market adaptation, the Group aims to uphold its service across over 110 countries, making a significant impact on family lives worldwide. The company's ongoing commitment to quality and customer satisfaction underscores its efforts to achieve long-term, sustainable progression in a continuously evolving market landscape.

For more details, visit Goodbaby International's corporate website.