Xtep International Holdings has released an operational update on business in Mainland China for the third quarter, which ended on Sept. 30. The group’s unaudited operational data show growth of 20 to 25 percent in retail sell-through for its core brand, with on- and offline channels combined. Retail discount stood at 25 to 30 percent, and retail inventory turnover at four and a half to five months.
A limited liability company incorporated in the Cayman Islands, Xtep is listed on the Hong Kong Stock Exchange.
