Post-Olympic retail purge goes on in China

2013-02-26T00:00:00

Chinese sports brands shuttered more than 3,000 retail stores altogether in 2012, compensating for their strong expansion in previous years and feeling the pinch from the growing competition from the international sports brands. Li Ning and Peak Sports closed down about 1,200 and 1,000 doors, respectively. China Dongxiang shut 569 ...

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