Net income attributable to shareholders inched down 1% to RMB 1,266.8 million ($176.2 mm) from RMB 1,286.0 million for the fiscal year ended Feb. 28 at China’s largest operator of western-brand sportswear retail stores as revenue was off 5% to RMB 25,739.9 million ($3,580.0 mm) from RMB 27,012.9 million. E-commerce gains partly offset China’s sluggish macro consumer environment and declining store traffic during the year.

Nike and Adidas sales were down 4% to RMB 22,329.9 million, continuing to dominate results at 86% of revenue. The Other Brands segment decreased 7% to RMB ... Log in to view full article.