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…
China’s ‘consumption downgrade’ trips up Anta
The leading sportswear maker said sales of its premium Fila brand began to contract in the third quarter, while its core Anta brand continued to grow Key Takeaways: Anta said…
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…
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