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.
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