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The shares of sporting goods companies rose broadly, with LI NING (02331) increasing by 4.29%. Institutions are bullish on the expansion and development of the domestic sportswear market.
Jingwu Financial News | Sporting Goods stocks rose broadly, with LI NING (02331) up 4.29%, ANTA SPORTS (02020) up 3.87%, XTEP INT'L (01368) up 2.23%, YUE YUEN IND (00551) up 2.13%, and CHINA DONGXIANG (03818) up 1.32%. In terms of news, Huaxin Securities stated that policies promote the construction of high-quality outdoor sports destinations, which is expected to create new growth in demand for sports apparel and equipment. The National Development and Reform Commission and the General Administration of Sport released the "Guiding Opinions on Building High-Quality Outdoor Sports Destinations," which clearly states that by 2030, nationwide construction...
China Dongxiang Records Middle Single Digit Drop Retail Performance in Fiscal Q3
China Dongxiang Faces Declining Sales and Store Count in FY2024/25
CHINA DONGXIANG (03818.HK): In the third quarter of the 2024/25 fiscal year, the retail sales revenue of Kappa brand stores recorded a mid-single-digit decline year-on-year.
On January 24, Gelonghui reported that CHINA DONGXIANG (03818.HK) announced that in the third quarter of the 2024/25 fiscal year, the retail sales of the group's Kappa brand stores recorded a mid-single-digit decline year-on-year. Cumulatively for the 2024/25 fiscal year, the retail sales of the group's Kappa brand stores recorded a high-single-digit decline year-on-year. For the third quarter of the 2024/25 fiscal year, considering the same-store sales from Kappa brand stores that started operation in the same quarter last year, the same-store sales recorded a high-single-digit decline year-on-year. Cumulatively for the 2024/25 fiscal year, considering the same-store sales from Kappa brand stores that started operation in the same quarter last year.
CHINA DONGXIANG (03818) reported a mid-single-digit decline in retail sales of Kappa brand stores in the third quarter compared to the previous year.
CHINA DONGXIANG (03818) announced that in the third quarter of the fiscal year 2024/25, the Kappa brand stores of the group...
Express News | China Dongxiang - Retail Performance of Kappa-Branded Stores of Group Recorded a Middle Single-Digit Decrease in Q3
