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Article Date: October 2023
Word Count: 163

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.

 


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