Belle keeps opening stores in China

16/01/2014
Chinese footwear brand Belle International said in a statement at the start of the year that it was continuing to open new stores across mainland China.

In the course of the fourth quarter of 2013, Belle opened 481 new stores, taking its total retail footprint to 13,183 footwear stores in different Chinese cities, in addition to 5,894 sportswear outlets.

Analysts of the Hong Kong Stock Exchange, where Belle is listed, have suggested the company’s determination to keep expanding its retail network may be affecting its rate of growth.