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Examples
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After years of breakneck expansion, local brands such as Li Ning and China Dongxiang Group Co Ltd are grappling with shrinking margins, slowing sales growth and mounting inventories of outdated products, threatening the sector.
Analysis: Nike, Adidas trounce China sportswear players Reuters 2011
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After years of breakneck expansion, local brands such as Li Ning and China Dongxiang Group Co Ltd are grappling with shrinking margins, slowing sales growth and mounting inventories of outdated products, threatening the sector.
Analysis: Nike, Adidas trounce China sportswear players Reuters 2011
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However, recent profit warnings from Chinese labels Li Ning Co. and Dongxiang Group sounded a note of caution for the whole market.
Adidas Raises Forecast Neetha Mahadevan 2011
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Policemen helped families evacuate from their flooded homes, as they arrived at a relief center in Dongxiang, southwest China's Guangxi region Sunday.
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In June, UOB Kay Hian initiated coverage of China Dongxiang with a "buy" and a target price of HK$5. 80, citing the Kappa brand and plans to add 600 to 700 stores a year for the next three years.
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"Dongxiang has successfully positioned itself as a fashion brand, not just performance," he said.
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Dongxiang (Dongxiang gongzhu [omission: Chinese characters]), and then her loss of favor and death.
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Chinese sportswear maker Dongxiang Group will invest $100 million in Yunfeng Capital, while Chinese online game developer Giant Interactive will also invest $50 million into Yunfeng Capital.
unknown title 2011
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Chinese sportswear maker Dongxiang Group will invest $100 million in Yunfeng Capital, while Chinese online game developer Giant Interactive will also invest $50 million into Yunfeng Capital.
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In a filing to the Hong Kong exchange, Dongxiang said the Chinese sportswear market had "normalized to low- to mid-teens growth from the period of rapid expansion between 2004 and 2008, where stunning growth rates of over 30% or even a maximum of 45% were recorded."
Forbes.com: News Robert Olsen 2011
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