Its stock eviscerated, Keep faces difficult road back to fiscal fitness
The fitness company’s online paid revenue plummeted in the first half of this year, as it increasingly relies on growing sales of branded fitness products Key Takeaways: Keep Inc.’s revenue…
BRIEF: Topsports sales fall for third consecutive quarter
Sports shoes and apparel retailer Topsports International Holdings Ltd. (6110.HK) on Monday announced that overall sales for its retail and wholesale operations recorded a mid-single-digit decline year-on-year in the three…
NEWS BRIEF: Li Ning’s first-half revenue rises, profit falls
Sportswear manufacturer and retailer Li Ning Co. Ltd. (2331.HK) reported its revenue rose 2.3% year-on-year to 14.35 billion yuan ($2 billion) in the first half of the year. Its profit…
Anta Sports takes its game to Southeast Asia
A store opening in Bangkok marks the latest milestone for the sports apparel giant’s quest to tap international markets Key Takeaways: After setting up a Southeast Asian department just last…
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…
CHINA BULLETIN: Exports Post Surprising Uptick
In this week’s issue an upside export surprise, car sales sputter and Beijing’s office gets emptier. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Traditional Retailer Topsports Finds Better Profits in ‘Big Boxes’
Sportswear seller’s revenue jumps 21% in second half of its latest fiscal year and profits leap 75% as it focuses on mega-stores over smaller ones Key points: Topsports’ shift to…