Sportswear brands hope for Brazil sales bounce

0 Comment(s)Print E-mail China Daily, June 10, 2014
Adjust font size:

Shoppers visit a Peak sportswear store in Nanjing, Jiangsu province.

First-quarter sales figures indicate that domestic sportswear brands are showing signs of recovery, and companies expect further growth this summer to come from the 2014 FIFA World Cup.

A group of domestic athletic apparel manufacturers announced first-quarter sales and the scale of orders in the fourth quarter, both of which have witnessed an increase.

Peak Sport Products Co Ltd, one of the main players in the sportswear industry, which held its sales fair for the fourth quarter in April, said fourth-quarter sales rose between 10 and 20 percent compared with the same period of the previous year.

Orders have increased for three quarters in a row since Peak Sport resumed publicizing its orders result in November last year, according to the company.

A fraction of Peak stores reported single-digit growth in same-store sales in the first three months compared with the previous year. Those results were attributed to a decrease in discounts and the release of several popular products.

Peak Sport reported an annual revenue of 2.6 billion yuan ($420 million) in 2013, in which the figure generated in the last half registered a growth of 22.8 percent compared with that of the first half, according to its annual financial report.

Another sportswear company, 361 Degrees International Ltd, announced 1.8 percent same-store growth in the first quarter year-on-year.

But, the positive effects expected to be brought by the World Cup are quite limited, analysts said.

"The game's effect in boosting sales of sportswear products would be much less than has been thought, because football-related sporting goods make up only a small portion of the whole market," said Zhang Qing, CEO of Beijing Key Solution Sports Consulting Co.

He added that some domestic sportswear makers would exhibit recovery in the year's second half while some would need a longer period to climb out of their slump.

Over the past two years, Chinese sportswear companies have been plagued by high inventory, lack of innovation and rising competition from fast-fashion brands and e-commerce platforms.

To bounce back, a number of sportswear companies, such as Li Ning Co, have changed the way they do business. Signs of Li Ning's gradual recovery come from a series of efforts, including optimizing sales networks and shutting down stores with low performance.

Follow China.org.cn on Twitter and Facebook to join the conversation.
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 18岁日韩内射颜射午夜久久成人| 中文字幕+乱码+中文乱码www| 欧美视频中文字幕| 午夜成人精品福利网站在线观看| 91香蕉视频成人| 国产精品无码专区在线观看| aaaaa级少妇高潮大片| 成人午夜福利电影天堂| 久久久国产精品四虎| 日韩经典在线观看| 亚洲一级片网站| 欧美日韩国产手机在线观看视频| 人欧美一区二区三区视频xxx| 精品国产精品国产| 国产ts在线播放| 黄色网址免费在线| 国产真人无码作爱视频免费| 69老湿机体验区手机| 在线观看视频一区二区| www.av网| 好男人资源在线手机免费| 丝袜诱惑中文字幕| 攵女yin乱合集高h小丹| 久久久久亚洲av无码专区喷水| 日韩在线视频不卡| 九九这里只有精品视频| 柔佳呻吟乳峰喘息高耸入云| 亚洲国产成人精品无码区在线观看 | 草草影院ccyy国产日本欧美| 国产又爽又粗又猛的视频| 国产精品午夜剧场| 国产日产久久高清欧美一区| 免费在线观看成人| 国产欧美精品一区二区三区-老狼 国产欧美精品一区二区三区四区 国产欧美精品一区二区三区四区 国产欧美精品一区二区色综合 | 婷婷久久五月天| 国产精品无圣光一区二区| 2022久久国产精品免费热麻豆| 国产高清不卡视频| 97色偷偷色噜噜狠狠爱网站97| 在线播放一区二区| 97久久精品午夜一区二区|