Reebok plans 500 stores in China, 50 this year alone

Adidas AG's Reebok brand, which is into fitness and lifestyle footwear, apparel and equipment, is planning to open 500 stores in China by 2020.

Reebok's retail distribution network has forged a collaboration with its new retail partner, Belle International Holdings Ltd, a leading footwear retailer in China. Reebok is scheduled to open 50 stores this year.

In the past few months, Reebok has opened seven stores in Wuhan, Qingdao, Hangzhou and other places. A new store in Beijing opened in January 2017, according to Reebok executives.