Xtep eyes new stores outside China

Xtep International reports a 25.7 percent increase in revenues to 4,457.2 million renmimbi (€481.4m-$679.5m) in 2010. The gross margin rose to 40.6 percent from 39.1 percent in the previous year, while the net profit margin remained at 18.3 percent, despite an increase of 39.4 percent in operating profit to 978.0 ...