October 17, 2011   77 notes

ANTA Sports sees slowdown in Q3 store sales


The sportwear brand said it expected the trade fair growth rate for the second quarter of 2012 to be lower than that for the first quarter of 2012.The company said it has managed to implement its 4-year store expansion plan of opening an average of 600 to 800 new stores each year between 2009 and 2012.For statement click hereIn August, ANTA Sports said orders for delivery in the first quarter of 2012 rose 15 percent in terms of value from the same period a year ago.Its rival 361 Degrees International Ltd said in a separate statement that same store sales for the third quarter of 2011 grew 14.1 percent and the number of retail outlets increased to 7,810 as of the end of September including the opening of 173 new stores during the quarter.

  1. kassandracculpe posted this