USEUROPEAFRICAASIA 中文双语Français
Home / Business

Sports brands to see sales chill continue amid lackluster winter

By Wang Zhuoqiong | China Daily | Updated: 2012-12-27 08:00

High inventories caused by quick expansion, product homogeneity, price surges and sliding purchasing power are expected to pressure international and local sports goods brands this winter.

That's on top of a dismal first half for the industry this year.

Nike Inc's sales in China - including footwear, apparel and equipment - declined 11 percent to $577 million, according to the company's second-quarter fiscal report.

Sports brands to see sales chill continue amid lackluster winter

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US