Traditional Retailer Topsports Finds Better Profits in ‘Big Boxes’

Sportswear seller’s revenue jumps 21% in second half of its latest fiscal year and profits leap 75% as it focuses on mega-stores over smaller ones Key points: Topsports’ shift to larger stores is showing results in the form of strong revenue and profit gains in the second half of its latest fiscal year The company’s shares look undervalued compared to its more famous peers Li Ning and Anta  By Doug Young Questions may be hanging over the fate of the Summer Olympics in Tokyo, but that hasn’t dampened the broader…

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