Nike ends online sales authorization for Topsports, dealing major blow
Sportswear retailer Topsports International Holdings Ltd. (6110.HK) announced on Wednesday that it was formally notified by Nike after market close on Tuesday that it will no longer be authorized to…
CEO of Anta’s namesake brand resigns on weak performance
The head of Anta Sports Products Ltd.’s (2020.HK) namesake Anta brand has stepped down, following recent weak performance for the sportswear brand, Caixin reported on Wednesday. Anta brand CEO Xu…
Topsport sales sag in latest fiscal quarter, as its shares tumble on Nike reports
Sportswear seller Topsport International Holdings Ltd. (6110.HK) said on Thursday that sales for its retail and wholesale operations registered a low-teens decline in the three months through May 31, the…
BRIEF: Li Ning signs NBA superstar Stephen Curry, but investors unimpressed
Chinese sportswear giant Li Ning Co. Ltd. (2331.HK) announcedo n Tuesday that it has entered into a long-term partnership with NBA star Stephen Curry and his Curry Brand. Media reports…
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: Financing income decline drags down Li Ning profit
Sportswear seller Li Ning Co. Ltd. (2331.HK) on Thursday reported its annual revenue rose 3.2% to 29.6 billion yuan ($4.29 billion) last year, but its profit for the year slipped…
BRIEF: Anta brand slips into sales contraction in fourth quarter
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Tuesday that its Anta brand slipped into sales contraction in the fourth quarter, declining by a low single-digit amount in the…
Recent Articles
RELATED ARTICLES
-
A tale of two markets: DSC’s disastrous Nasdaq debut, and Nike’s distribution dilemma
DSC.US - Topsport sales sag in latest fiscal quarter, as its shares tumble on Nike reports
-
Xtep races ahead on Southeast Asia running craze
1368.HK
- BRIEF: PDD revenue rises 11% as transaction services overtakes online marketing
- Jiumaojiu’s Tai Er chain builds momentum after major brand refresh
- Webull charges into high-velocity trading as U.S. removes longstanding restriction
