Xtep, 361 Degrees Report Strong Growth in Q3
The Chinese sportswear brands do not detail full financials for the odd calendar quarters, but both Xtep and 361 Degrees reported solid year-over-year gains at retail. Xtep said that retail sell-though of the core Xtep brand rose high-teens, including both e-commerce and in-store sales, with a 25%–30% retail discount level and inventory turning over at about 4.5 to 5 months. Those results exclude its other brands, K-Swiss and Palladium, and the joint ... Log in to view full article.