China’s ‘consumption downgrade’ trips up Anta
The leading sportswear maker said sales of its premium Fila brand began to contract in the third quarter, while its core Anta brand continued to grow Key Takeaways: Anta said…
FAST NEWS: Topsports’ profit sags on weak consumer spending
The Latest: Topsports International Holdings Ltd. (6110.HK), a major distributor for foreign sports brands in China, said on Tuesday it expects its net profit to drop 35% year-on-year in the…
FAST NEWS: Topsports interim profit rises despite weak retail sales
The latest: Topsports International Holdings Ltd. (6110.HK), a major distributor for Nike (NKE.US) and Adidas (ADS.DE) in China, announced on Wednesday that its revenue for the six months through August…
Topsports sprints ahead as foreign-brand boycott fades
The seller of Nike and Adidas brand shoes and sportswear in China said its sales rose by a ‘low 20s’ percentage amount in its fiscal first quarter through May Key…
FAST NEWS: Topsports revenue, profit drop on weak consumer sentiment
The latest: Topsports International Holdings Ltd. (6110.HK), a major distributor for Nike and Adidas in China, reported on Tuesday that revenue for its financial year through February fell 15% to 27 billion yuan ($3.8…
FAST NEWS: Credit Suisse transfers large Topsports stake
The latest: Credit Suisse Trust Ltd. transferred all of its 522 million shares in Topsports International Holdings Ltd. (6110.HK) to TMF (Cayman) Ltd. on Mar. 10, according to Hong Kong…
Kappa’s China Franchisee Stumbles in Race for China Sportswear Market
China Dongxiang took a big hit from Covid last year, but has been gradually falling further behind its local rivals as Chinese increasingly opt for homegrown brandsKey Takeaways:China Dongxiang trailed…
Recent Articles
RELATED ARTICLES
-
Butong navigates twin challenges of falling birthrates, weak consumption
-
Baozun returns to the black as Gap expansion accelerates
9991.HK BZUN.US
-
Rebounding RLX plots course beyond China
RLX.US
-
Yan Palace flies back to profit growth as revenue sags
1497.HK
- Eternal Beauty struts its stuff as Hong Kong’s newest IPO contestant
-
Miniso struggles to impress investors, even with a successful ‘toy story’
9896.HK MNSO.US
