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…
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…
6110.HK
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…
FAST NEWS: Topsports’ Quarterly Sales Decline, But Shares Still Jump
The latest: Topsports International Holdings Ltd. (6110.HK), a major distributor for Nike and Adidas in China, said on Wednesday combined sales for its retail and wholesale operations registered a high-teens decline year-on-year in…
Topsports Hamstrung by Foreign Brand Ties, Pandemic Controls
The major distributor for Nike and Adidas in China is struggling with lingering consumer boycotts for some of its goods and Covid-related store closures Key Takeaways: Topsports’ revenue and net…
300760.SHE
Li Ning Tripped Up by Chinese Nationalists
The sportswear brand apologized after one of its new designs was accused of recalling a humiliating period for China, but its stock still suffered Key Takeaways: Sportswear maker Li Ning’s…
2331.HK
Topsports Takes Time to Hit Its Stride after Covid and Supply Woes
The sportswear retailer posts lower full-year profits but gives out special dividends in the hope of shoring up investor confidence Key Takeaways: Topsports revenue and profit both fell by around…
