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…
A tale of two markets: DSC’s disastrous Nasdaq debut, and Nike’s distribution dilemma
"It's the kind of market that has always promised better tomorrows but has never been able to deliver." – on China’s used-car market Rene Vanguestaine Key Takeaways: DSC's disastrous Nasdaq…
Brand expansion deflates Topsports’ top, bottom lines
The former top China distributor for Nike and Adidas is betting on a “running + community” concept to penetrate the performance sports market with a new self-developed brand Key Takeaways:…
BRIEF: Topsports sales fall for third consecutive quarter
Sports shoes and apparel retailer Topsports International Holdings Ltd. (6110.HK) on Monday announced that overall sales for its retail and wholesale operations recorded a mid-single-digit decline year-on-year in the three…
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…
FAST NEWS: Topsports’ profit sags on weak consumer spending
The Latest: Topsports International Holdings Ltd. (6110.HK), a major distributor for foreign sports brands in China, said on Tuesday it expects its net profit to drop 35% year-on-year in the…
CHINA BULLETIN: The Incredible Sinking Yuan
In this week’s issue the incredible shrinking yuan, payment companies welcome back foreign visitors, and local governments play debt hide-and-seek. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
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