Brief: China Dongxiang (Group) Reports Q1 Kappa Sales

China Dongxiang (Group) Co

17/07/2020 11:39

July 17 (Reuters) - China Dongxiang (Group) Co Ltd
 3818.HK :
    * Q1 KAPPA STORES SAME-STORE-SALES FOR OVERALL PLATFORM
REGISTERED
A MID-SINGLE-DIGIT DECREASE
    * IN Q1, NUMBER OF KAPPA-BRANDED STORES OF GROUP 1,147, A
NET
INCREASE OF 18
    * CHINA DONGXIANG (GROUP) ANTICIPATES A YEAR-ON-YEAR GROWTH
IN
OVERALL SALES VOLUME OF SPORTS APPAREL AND EQUIPMENT THIS YEAR
    * EXPECTS SALES PRICES WILL BE UNDER PRESSURE THIS YEAR
    * CHINA SPORTS BUSINESS INVENTORY LEVEL EXPECTED TO DECLINE
THIS
YEAR
    * IN Q1, RETAIL PERFORMANCE OF KAPPA STORES FOR OVERALL
PLATFORM
REGISTERED MID-TO-LOW SINGLE-DIGIT DECREASE ON YOY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9MS2gm
Further company coverage:  3818.HK 

 (Reuters.Briefs@thomsonreuters.com)