Xtep Grows By Nearly A Quarter

2010-04-13T00:00:00

Xtep, the Chinese sportswear company, had a 23.7 percent jump in sales for the year ended Dec. 31, reaching 3.5 billion renmimbi (€382.1m-$512.0m). Net income rose by 27.4 percent to CNY 648 million (€70.7m-$94.8m). The 2009 gross margin increased by 2.0 percentage points to 39.1 percent.

SIGN-IN if you are already a subscriber of SGI Europe - or Register a free account

Gated access promo

Start your 30-day trial for just €9.90

Get access to what the top decision makers are reading in the sporting goods industry:

  • Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
  • Essential E-mail Briefings with the latest analysis and most important industry developments
  • Find inspiration to drive your business forward with our case studies and best practices on business opportunities
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

Start your 30-day Trial TODAY!

For team or company-wide subscriptions and enquiries see our corporate membership page.