• SGI Europe Executive Edition: Vol 32 - 47+48
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    SGI Europe Executive Edition: Vol 32 - 47+48

    2021-11-25T13:31:00Z

    Winners and losers in globally flat retail | ISPO Munich is moved to November | Supply chain issues move fairs forward | Yue Yuen’s growth stopped in Q3 | China’s Topsports sees lower sales | Foot Locker grew by 3.9% in Q2 | On sees growth slowing down | ABG shelves IPO plans | Austria imposes a general lockdown | Alpine ski facilities not yet closed | Outdoor shoes outperform athletic, casual

  • Article

    China’s Topsports improves margins on slightly lower sales

    2021-11-19T16:35:00Z

    Topsports International Holdings, the leading Chinese sports distributor and retailer spun off by Belle International in 2019, reported a decline of 1.2 percent in total revenues to 15.57 billion renmimbi (€2,128m-$2,407m) for the first half of its financial year, ended Aug. 31. The gross margin improved by 2.9 percentage points ...

  • Article

    China’s Topsports grows despite Covid-19

    2020-05-28T10:57:00Z

    Topsports International Holdings, the sports retailing arm of Belle International, published good results for the year ended on Feb. 29, although the growth slowed drastically at the end of the period due to the pandemic. The Chinese group, which raised $1.01 billion in an initial public offering on the Hong ...

  • Article

    China’s Topsports doesn’t disappoint with first results since IPO

    2019-11-28T00:00:00Z

    After raising $1.01 billion in an initial public offering on the Hong Kong stock exchange last month, Topsports International Holdings, the sports retailing arm of Belle International, published strong results for the six months ended on Aug. 31. Sales rose by 12.4 percent as compared to the year-ago period to ...

  • SGI Europe Newsletter: Vol 30 - 39+40
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    SGI Europe Newsletter: Vol 30 - 39+40

    2019-11-28T00:00:00Z

    Top retailers grow less than the global market | Russia is up, Korea down | Intersport widens its digital reach | Black Friday turns white, green | Adidas shifts Speedfactory to Asia | Nike stops working with Amazon | Nike tax probe in Spain | Down is more sustainable | Newcomers to the circular economy | Getting ready for Ispo

  • SGI Europe Newsletter: Vol 30 - 35+36
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    SGI Europe Newsletter: Vol 30 - 35+36

    2019-10-18T19:16:00Z

    European market rises by 2.7% | XXL refinances itself | Topsports’ IPO raises $1 billion | SDI lashes out at major brands | New moves at Sport 2000 Austria | Humanic’s parent hires an expert | Leaseback for Boardriders HQ | VF’s business plan for Europe | Good and bad news for Nike | A tweet rocks the NBA in China | Intersport Russia sold fakes | Nike, Lululemon appeal to teens

  • Article

    Topsports raises $1 billion in Hong Kong IPO

    2019-10-18T00:00:00Z

    Topsports International Holdings, the sports retailing arm of Belle International, raised $1.01 billion in an initial public offering on the Hong Kong stock exchange. With more than 8,000 stores, the company claims to be the largest sporting goods retailer in China, with an estimated 15.9 percent share of the market. ...