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…
Amer Sports aims to score another group winner after Fila jackpot
Amer Sports, spun off from Anta Sports, went public on the New York Stock Exchange on Feb. 1 Key Takeaways: Amer Sports reported revenue growth of 61% last year in…
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…
361 Degrees leaves Covid behind in post-pandemic sprint
The sportswear maker's sales growth accelerated in the first quarter following the end of China’s Covid restrictions in December Key Takeaways: 361 Degrees recorded low double-digit revenue growth for its…
Xtep takes a breather after marathon pandemic sprint
The athletic footwear maker said its growth began to slow in this year’s first quarter as life started returning to normal in China with the end of pandemic restrictions Key…
Xtep Revenue Leaps to Record on China’s New Long Run to Sports
The running shoe maker aims to more than double its revenue over the next five years, banking on strong government support for sports and physical fitness Key Takeaways: Xtep’s revenue…
RELATED ARTICLES
-
Li Ning buys Hong Kong building for overseas expansion, flipping out investors
2331.HK -
Xtep makes big leap with takeover of Wolverine joint venture
1368.HK
-
Is 361 Degrees’ kid power losing momentum?
1361.HK
-
Anta Sports takes its game to Southeast Asia
2020.HK
-
Topsports disappoints as it focuses on quality over quantity in ‘uneven’ economy
6110.HK
-
Guirenniao trades in fading sports brand for grains
603555.SHG
-
FAST NEWS: Li Ning’s e-commerce sales jump in first quarter
2331.HK
