Preview - Please log in to view full article.

Article Date: August 2025
Word Count: 296

Xtep Ramps Up Saucony and Merrell Brands


Net income from continuing operations grew by 21% to RMB 913,568,000 ($127.9 mm) from RMB 752,065,000 for the first half ended June 30 on revenue that was up 7% to RMB 6,837,642,000 ($957.3 mm) from RMB 6,381,685,000. Footwear sales increased 6% to RMB 4,154.1 million, and apparel gained 10% to RMB 2,552.3 million, while the small accessories segment declined 8% to RMB 131.2 million. The Mass Market segment, home of the core Xtep brand, saw sales increase 5% to RMB 6.1 billion, led by online channels, apparel, and higher footwear ASP. ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.