FAST NEWS: Li Ning’s e-commerce sales jump in first quarter
The Latest: Sportwear retailer Li Ning Co. Ltd. (2331.HK) announced Monday its retail sales, excluding the Li Ning Young sub-line, recorded low-single-digit year-on-year growth in the first quarter. Looking Up: The company’s e-commerce…
FAST NEWS: Growth slows for 361 Degrees’ kids products
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew by a “high-teens” percentage in this year’s first quarter year-on-year, according to a business update…
Amer Sports aims to score another group winner after Fila jackpot
Amer Sports, spun off from Anta Sports, went public on the New York Stock Exchange on Feb. 1 Key Takeaways: Amer Sports reported revenue growth of 61% last year in…
FAST NEWS: 361 Degrees profit surges on high-value new products
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) said on Monday it expects to report a profit of 930 million yuan ($131 million) or higher for 2023, up 25% or more…
PODCAST: China Embraces GMO Crops, and Anta Eyes NY IPO for Amer
By Doug Young & Rene Vanguestaine After years of hesitation, China is finally embracing genetically GMO crops with its approval of some genetically modified types of soybeans and corn. What's…
CHINA BULLETIN: Premier Li Qiang premieres in Davos
In this week’s issue a Premier premieres in Davos, more property pain and the U.S. talks tough on export controls. On a scale of 1 to 100, we give the…
FAST NEWS: 361 Degrees’ kids products post strong fourth-quarter gains
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew 20% in last year’s fourth quarter, according to a business update released on Tuesday. Looking up:…