CHINA: Belle International books third-quarter sales rise
Footwear firm Belle International Holdings has seen its third-quarter same store sales increase 2.8%.
Meanwhile, sales at the company's sportswear business rose 3.6% on a same-store basis during the quarter.
The footwear company, which distributes brands including Nike, Adidas, Kappa, Puma, Converse and Mizuno, opened 711 additional retail stores in mainland China during the quarter, taking the total number of stores to 16,675.
The group's share price was down 4.26% to HK13.50 at the close of trading today (15 October).
In August, Belle posted a 10.7% rise in first-half net income to ENY2.2bn, despite seeing a decline in consumer confidence.
Apparel sales in the Asia Pacific region are continuing on a golden growth trajectory despite a slowdown in China. Domestic brands are continuing to hold their own, and foreign brands intent on making...
Nike has secured market leadership by spending on endorsements and innovative product development. Brand equity across its portfolio, but above all the Nike brand itself, is exceptional, underpinning ...
The Guatemalan government has agreed to enforce its labour laws - finally resolving a complaint filed in 2008 by the US government under the Dominican Republic-Central America Free Trade Agreement (DR...
This report analyzes the worldwide markets for Sports and Fitness Clothing in US$ Million by the following Product Segments: Sports Apparel, and Fitness Clothing. The report provides separate comprehe...
Skatewear brand Volcom is set to increase its focus on sustainability, becoming the latest Kering-owned brand to undergo an Environmental Profit and Loss. ...
The development and availability of an innovative waterless dyeing system is set to accelerate with the decision by Ikea GreenTech to join Nike as an investor in the company behind the new technology....
Indian online fashion retailer Myntra has acquired San Francisco-based virtual fitting room developer Fitiquette to help improve the shopping experience for Indian consumers....
- PSF 2014: No one size fits all in apparel sourcing
- PSF 2014: Shifting focus from cost to consumer
- Garment manufacturers eye Myanmar outsourcing
- Bangladesh industry development moving backwards
- Teen retail being rocked by fast fashion headwinds
- Adidas China supplier in discussions over strike
- Gap issues mirror widespread industry challenges
- Bangladesh PM asks clothing buyers to pay more
- H&M "pushing the process" on sustainable fashion
- Adidas plans mobile phone hotline at all suppliers
- Ethiopia – the emerging textile and clothing industry
- Antimicrobial fibres, fabrics and apparel: innovative weapons against infection
- Trade and trade policy: clothing imports, consumer expenditure and trends in five emerging markets: Brazil, Colombia, India, Kazakhstan and Peru, 4th quarter 2013
- Sustainable Textiles for Apparel: Fact, Fiction and Future Prospects
- Jeans in Italy