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…
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