09 May 2025 Haier announced its 1QFY25 quarterly results, with operating revenue increased by 10.1% YoY to Rmb79.12bn GPM for the quarter was up by 0.1ppt YoY to 25.4%, with the increase driven by further digitalization from manufacturing to sales,
2 May 2025 Wasion announced that both Indonesian and Malaysian facilities have commenced operation in April 2025.
29 Apr 2025 Xtep announced its 1Q25 operational results, with retail sales for its Xtep Core Brand recorded a MSD growth YoY, slowing down from HSD/HSD growth in 4Q24/1Q24. While offline sales recorded LSD YoY growth amid less foot traffic,
28 April 2025
25 April 2025 Precision Tsugami (China) (PTC) issued a positive profit alert citing that the company expects its FY25 (Yr-ended Mar) net profit to increase by approximately 60% YoY to Rmb782m compared to FY24 net profit of Rmb480m. This encouraging
22 April 2025 Since the President Trump’s second presidency has initiated, a series of steep and aggressive trade measures was introduced. The ongoing trade war with China was further escalated as China also impose reciprocal tariff in retaliation. On 9th
15 Apr 2025 361 Degrees announced its 1Q25 operational results, with offline retail sales for its 361° Core Brand recorded a 10%-15% growth YoY (4Q24: +10%, 1Q24: +high-teens), while 361° Kids was up by 10%-15% growth YoY (4Q24: +10%-15%, 1Q24:
14 Apr 2025 Anta announced its 1Q25 operational results, with retail sales for its Anta Core Brand recorded a HSD growth YoY, flat QoQ compared to 4Q24 (3Q24: MSD, 2Q24: HSD). Both adults and kids sales grew by HSD YoY.
8 Apr 2025
1 April 2025 Operating against the backdrop of volatile market environment; escalating geopolitical issue and subdued property sector in China, China Lesso was indeed operating in a tough environment. Its FY24 turnover was down by 12.4% YoY to Rmb27.0bn while
