China’s Topsports improves margins on slightly lower sales
Source:CHINA SPORTING GOODS FEDERATIONRelease time:2021-12-06Clicks:
Article From:SGI Europe
Topsports International Holdings, the leading Chinese sports distributor and retailer spun off by Belle International in 2019, reported a decline of 1.2 percent in total revenues to 15.57 billion renmimbi (€2,128m-$2,407m) for the first half of its financial year, ended Aug. 31. The gross margin improved by 2.9 percentage points ...