Xtep races ahead on Southeast Asia running craze
The company is building an overseas market for its running shoes, targeting 50% annual growth for that part of its business over the next three years Key Takeaways: Xtep has…
BRIEF: Yue Yuen profit tumbles by half in first quarter
Shoe manufacturer Yue Yuen Industrial (Holdings) Ltd. (0551.HK) warned on Tuesday that its profit fell by half or more in this year’s first quarter, citing the effects of global tariff…
Brand expansion deflates Topsports’ top, bottom lines
The former top China distributor for Nike and Adidas is betting on a “running + community” concept to penetrate the performance sports market with a new self-developed brand Key Takeaways:…
Stella International steps sideways on flattening revenue, U.S. tariff threats
The contract footwear maker’s shares rallied after it announced lukewarm second-quarter sales, possibly on bullish forward-looking comments from its largest customer, Nike Key Takeaways: Shares of contract footwear maker Stella…
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…
BRIEF: Xtep reports mid-single-digit growth in first quarter
Sportswear company Xtep International Holdings Ltd. (1368.HK) said on Wednesday that its China operations achieved mid-single-digit year-over-year retail sales growth during the first quarter, with average discounts reaching between 25%…
Could consumer stimulus send Li Ning stock vaulting higher?
The sportswear maker’s gross margin rose by 1 percentage point last year as it boosted its dividend payout ratio to 50% Key Takeaways: Li Ning’s net profit declined last year,…
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