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…
BRIEF: 361 Degrees retail sales, e-commerce revenue up in second quarter
Sportswear brand 361 Degrees International Ltd. (1361.HK) said on Monday that revenue for its core branded products and Kid's brands both grew 10% in the second quarter from a year…
BRIEF: Anta to open first U.S. store in Beverly Hills
Leading sportswear maker Anta Sports Products Ltd. (2020.HK) is preparing to enter the U.S. market with a store in Los Angeles, extending its expansion outside China. The store is still…
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%…
BRIEF: 361 Degrees core brand sales rise 10% to 15% in first quarter
Sportswear seller 361 Degrees International Ltd. (1361.HK) announced on Monday that sales for its main and kids brands via offline channels grew by 10% to 15% year-on-year in the first…
BRIEF: Shenzhou Int’l profit jumps as revenue grows 15%
Textile manufacturer Shenzhou International Group Holdings Ltd. (2313.HK) on Monday announced its sales rose 14.8% to 28.7 billion yuan ($3.95 billion) last year, while its net profit climbed 36.9% to…
BRIEF: 361 Degrees retail sales rise 10% in fourth quarter
Sportswear brand 361 Degrees International Ltd. (1361.HK) announced on Tuesday that offline retail sales for its core branded products increased by 10% year-on-year in the fourth quarter, while offline sales…