Sportswear firms turn the corner
By Wang Zhuoqiong | China Daily | Updated: 2016-01-21 07:49
Global and domestic companies shrug off years of losses as city dwellers jog, run, exercise and take part in marathons
International and domestic sportswear companies have finally turned the corner after being in recession for years. Sportswear majors posted strong growth in the China market in 2015, boosted by city dwellers' pursuit of a healthy lifestyle.
According to Euromonitor International, China's sportswear industry was valued at nearly 150 billion yuan ($22.8 billion) in 2014.
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