News

Chinese sports brand issues profit warning

29/05/2013

Chinese sportswear brand 361 Degrees issued a profit warning on May 24, warning that a preliminary review of the company’s performance in the first quarter of 2013 demonstrated “a significant downturn year on year”. Directors said they were duty bound to warn existing shareholders and potential investors to “exercise caution when dealing in the...

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

Footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.