Anta Sports expects slowdown in Q3 sales
31/10/2011
Chinese sportswear brand Anta Sports has said it expected a slowdown in the same-store-sales growth of its retail stores for the third quarter of 2011 as compared with the previous quarter.
The company said the slowdown was due to the recent challenging local sportswear retail market in China and it expected a more relaxed and flexible policy on retail discount offered by its retailers for the third quarter.