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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.