Swire's Latest China Joint Venture Includes Over 700 Retail Outlets
U.S.-based Columbia Sportswear Company has commenced its joint venture in China with Swire Resources Ltd.
U.S.-based Columbia Sportswear Company has commenced its joint venture in China with Swire Resources Ltd.
French sports supplies retailer Decathlon will reportedly formally enter Zhengzhou, Henan, in October 2013 by opening a new store in the city.
Adidas published its annual results for 2012, stating that its revenue from the Greater China region was EUR1.562 billion, a year-on-year increase of 15% based on a fixed exchange rate.
Chinese sportswear company Anta published its performance report for 2012, stating that its net profit was CNY1.36 billion during the reporting period.
Chinese sportswear company Anta has published its semi-annual performance report ended June 30, 2012, stating that its operating revenue decreased by 11.6% year-on-year to CNY3.93 billion.
Nike published its financial report for the fourth quarter ended May 31, 2012, stating that its sales in the Chinese market decreased by 3.9% compared with the third quarter.
French sports supplies retailer Decathlon has opened its first flagship store in Taiwan.
Chinese sportswear brand Lining announced a round of staff layoffs to lower labor costs.
Chinese sportswear retailer Lining announced its performance expectations for 2011, stating that its revenue may decrease by as much as 7% compared with 2010 due to slow order increases and inventory problems of some distributors.
The world's leading sportswear maker Adidas has published its financial results for the second quarter of 2011, stating that its operating revenue in Greater China increased by 31%.