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Nike

Shoe-making giant Yue Yuen wobbles, with first-quarter profit down 24%

Yue Yuen stumbles on high labor costs, geopolitical uncertainty

The shoemaker’s profit fell 24% in the first quarter on falling margins, as it continues taking preemptive hedging measures against geopolitical risk Key Takeaways: Leading shoemaker Yue Yuen’s revenue grew…
May 21, 2025
0551.HK
Anta's Fila brand contracats in Q3

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…
October 15, 2024
2020.HK
Topsports is the Chinese distributor for Nike and Adidas, with 85% of its sales coming from the two global brands.

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…
September 11, 2024
6110.HK
In the second quarter alone, Topsports recorded a low single-digit year-on-year decline in total sales of its retail and wholesale businesses.

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…
October 19, 2023
6110.HK

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…
June 27, 2023
6110.HK

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…
May 24, 2023
6110.HK

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…
March 15, 2023
6110.HK
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Recent Articles

Shoe-making giant Yue Yuen wobbles, with first-quarter profit down 24%
May 21, 2025

Yue Yuen stumbles on high labor costs, geopolitical uncertainty

0551.HK
October 15, 2024

China’s ‘consumption downgrade’ trips up Anta

2020.HK
September 11, 2024

FAST NEWS: Topsports’ profit sags on weak consumer spending

6110.HK
October 19, 2023

FAST NEWS: Topsports interim profit rises despite weak retail sales

6110.HK
June 27, 2023

Topsports sprints ahead as foreign-brand boycott fades

6110.HK
May 24, 2023

FAST NEWS: Topsports revenue, profit drop on weak consumer sentiment

6110.HK
March 15, 2023

FAST NEWS: Credit Suisse transfers large Topsports stake

6110.HK

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