News

High rents slow up store openings in China

05/03/2012

Chinese footwear brand Anta has said it will open far fewer new stores in its domestic market in 2012 than in previous years. The company currently has 7,778 stores across China and may increase this by as few as 20 new outlets this year. In the course of 2011, Anta opened 229 new stores, and in 2010 the figure was 958. Its public relations...

To continue reading this story, please sign in or register.