All China articles – Page 2
-
News briefsAmer Sports reports 60% revenue growth in China for Golden Week
The week-long national holiday starting Oct. 1, commemorating the founding of the People’s Republic of China, brought Amer robust sales growth driven by three brands’ solid performances.
-
ArticleOlympic hype drives growth in Chinese sporting goods
The 2024 Paris Olympics boost Chinese sporting goods market, with sales surging in key categories like shuttlecocks, swimsuits and outdoor gear.
-
Infographics & DataThe growth trajectory of China’s athleisure market
China’s athleisure market forecast: Projected to reach $82.8 billion by 2024, highlighting key growth drivers and consumer trends.
-
ArticleAllbirds partners with Belle Fashion Group to expand presence in China, Macau and Taiwan
Allbirds has announced a groundbreaking partnership to expand its footprint in the Asian market.
-
News briefsTemu beginning to compete on Amazon’s territory
Temu has opened its local warehouse program to vendors with corporate entities registered in Europe and to holders of European passports.
-
News briefsKappa sales decline for China Dongxiang in Q1
Sportswear company China Dongxiang reported a mid- to low-single-digit decrease in retail sales for its Kappa and Kappa Kids’ stores during Q1 ended June 30. Additionally, same-store sales saw a mid-single-digit decline. By the end of the quarter, the company operated 1,003 stores, nine fewer than in the previous quarter.
-
ArticleSanctions hamper Chinese sporting goods export to Russia
Sporting goods wholesalers in Russia started experiencing difficulties in making payments for Chinese goods, which takes a toll on the trade flows. The issue is not pressing yet, as the industry accumulated large stocks of goods in the key categories. Russia’s trade with China dropped by 9.9 percent in the ...
-
ArticleBrussels to close tax loopholes exploited by Chinese marketplaces
The European Union’s plan to impose import duties on low-priced goods could significantly impact fast-fashion giants Shein and Temu. Both companies, known for offering trendy clothing at rock-bottom prices, could face major challenges if the proposed tariffs come into force. Currently, the duty threshold is €150 in the EU and ...
-
News briefsAdidas starts internal investigation into allegations of bribery
On Monday morning, several media outlets, including the Financial Times, reported that Adidas had launched an internal investigation into allegations of bribery in its China business following a whistleblower complaint accusing executives of embezzlement. According to the Financial Times, the letter alleged that Adidas employees, including a senior manager, received ...
-
Infographics & DataAnalysis: China’s booming athleisure market
China’s athleisure market is booming. By 2024, its set to surge to $82.2 billion, according to insights from Retail in Asia.
-
ArticleChina’s athleisure market poised to hit $82.8 billion by 2024
The fusion of fashion and functionality known as athleisure is reshaping China’s sportswear industry, with projections indicating a substantial growth trajectory, according to Retail in Asia. Driven by a blend of fitness trends, lifestyle changes, and a burgeoning wellness movement, athleisure is becoming a dominant force in the Chinese apparel ...
-
ArticleUnfair competition: HDE calls for clear rules for Temu & Co
In a time where German companys abide the rules and laws, masses of goods that violate all regulations are entering the German market.
-
News briefsYarn Expo Spring showcases textile innovations, advancements
Yarn Expo Spring, the leading yarn and fiber sourcing platform in Asia, is gearing up to host over 500 exhibitors from 10 countries and regions. Spanning across 27,000 square meters, manufacturers will present a diverse range of products across multiple burgeoning sectors. With significant advancements, the synthetic fibers market is ...
-
News briefsYue Yuen sells more, produces less in December
Sales at the manufacturing segment of Hong Kong-based Chinese company Yue Yuen Industrial fell 2 percent to $420.4 million in December, making it the first of 12 consecutive months with a decline as customers cut back on orders. Yue Yuen’s retail segment Pou Sheng grew 16 percent ...
-
News briefsDP World Tour announces strategic partnership with China Tour
The DP World Tour and the China Golf Association (CGA) have announced a strategic partnership that expands the pathway for the players of the CGA-sanctioned China Tour to the DP World Tour and confirms the co-sanctioning of tournaments until at least 2025. The various pathways included as part of this ...
-
News briefsXtep purchases Wolverine’s stake in joint venture
Xtep Intl. is paying Wolverine Worldwide $61 million for its share of a joint venture that the two companies established in 2019 for the distribution of the Saucony and Merrell brands in Greater China, Hong Kong and Macau. Additionally, due to the early success and profitability of the Saucony brand ...
-
News briefsNobis expands global presence with first stores in China
Nobis Inc, a Canadian outerwear and accessories brand available in over 35 countries in the Americas, Europe and Asia, announced the opening of three new stores in Beijing and Shanghai, marking the brand’s entry into the Chinese retail market. This expansion is the first step of a joint venture with ...
-
ArticleDecathlon relies on renewable energies in China to achieve CO2 targets
Sporting goods retailer Decathlon brought together 14 industry partners in China with the China General Nuclear Power New Energy Group (CGN) in the Fujian Province on Nov. 7 to sign a power purchase agreement for renewable energy. With an investment of 1.4 billion yuan renminbi (€180m) by CGN, an offshore ...
-
News briefsSports industry is driving urban development in Jinjiang in southeast China
The city of Jinjiang in southeast China’s Fujian Province has made great efforts in recent years to promote the integrated development of culture, sports and tourism and establish itself as China’s sports capital at the earliest opportunity. After four years, the 2023 International University Sports Federation (FISU) University Football World ...
-
ArticleSkechers sets its sights on basketball
Source: Skechers Skechers’ new SKX basketball shoes Just in time for the start of the new NBA season, Skechers has unveiled its first line of technical basketball shoes to be sold in North America, the Philippines and China. The first wave of Skechers basketball shoes includes two ...
