FAST NEWS: Growth slows for 361 Degrees’ kids products
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew by a “high-teens” percentage in this year’s first quarter year-on-year, according to a business update…
FAST NEWS: 361 Degrees profit surges on high-value new products
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) said on Monday it expects to report a profit of 930 million yuan ($131 million) or higher for 2023, up 25% or more…
FAST NEWS: 361 Degrees’ kids products post strong fourth-quarter gains
The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew 20% in last year’s fourth quarter, according to a business update released on Tuesday. Looking up:…
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…
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…
FAST NEWS: Li Ning’s e-commerce sales drop sharply in first quarter
The latest: Sportwear retailer Li Ning Co. Ltd. (2331.HK) announced Thursday its retail sales, excluding the Li Ning Young sub-line, recorded mid-single-digit year-on-year growth in the first quarter. Looking up: Li…
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…