Retailing, Franchising, and Consumerism Business Intelligence in China

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Adidas May Cut Production In China

According to reports in local media, Herbert Hainer, president of Adidas, recently said that as the wage level in China had been increasing, to reduce the production costs, Adidas plans to transfer a part of…


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Hong Kong Retail Sales Up 10.4% In August

According to the Hong Kong Census and Statistics Department, the total retail sales in Hong Kong increased by 10.4% to HKD22.8 billion in August and the total retail sales value and the total retail sales…



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Xtep Plans To Open 1,100 New Stores In 2008

Xtep, the Fujian-based sports apparel brand, has published its financial report, which says that by June 30, 2008, the company has made net profits of CNY255 million, a year-on-year increase of 214%.




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