American sportswear maker Nike has published its financial results for 2011 fiscal year, from May 2010 to May 2011, stating that its sales in the Greater China market reached USD2.06 billion, a year-on-year increase of 18%; and a 16% increase excluding the exchange rate factors.

Preparation work is complete on European sports supplies retailer Decathlon's first store in Tianjin and it will go into trial operation soon.

According to reports in local media, the U.S. footwear giant Nike has decided to close its shoe plant in Taicang, Jiangsu.

Chinese sports products giant Li Ning has published its financial report for 2008, which states that due to the 2008 Beijing Olympic Games, the company made total revenues of CNY6.69 billion in 2008, a year-on-year increase of 53.8%.

Century Mart has announced plans to open a 25,000 square meter hypermarket in Jiangdong District, Ningbo.

International sports apparel maker Nike has announced plans to invest USD99 million to build a new distribution center in the Taicang Economic Development Area, Jiangsu, to reinforce its future development in China.