Xtep Archives - Inside Retail Asia
Hong Kong activewear firm Xtep will open new locations in five Indian cities by the end of next year.
Chinese Sportswear Retailer Xtep will distribute Merrell and Saucony products in China.
The Chinese sportswear industry is seeing signs of recovery from difficult trading conditions. Anta, whose market value stood at $4 billion, said it booked single-digit percentage growth in orders for third quarter deliveries. Belle International said same-store sales of sportswear shoes increased seven per cent in the three months to February. “The sportswear sector is back on a growth track and Anta is the leader of the trend,” said Spencer Leung, an analyst at UBS in Hong Kong. …