XTEP Brand Enters &Nbsp Of Second Tier City; Expands Retail Development.

Chinese sportswear Brand XTEP With the growth of 15%-18% in China's sports apparel industry in the next two years, the retail industry will expand at the end of this year.

Terry Ho, chief financial officer, said: "new stores will be opened in smaller cities with a growing space in China. It also says sales have increased by 20% in the past four quarters.

Ho added: "we have enough places and space to add hundreds of stores every year," Ho said. market The expansion of stores is also inevitable.

Ho also said: at present, XTEP brand has 7300 stores, and by the end of 2011, XTEP brand stores will increase by about 500. Besides, besides Beijing, Shanghai, Guangzhou and Shenzhen, XTEP Fujian will enter the large market consumers of second tier cities.