Chinese sports brand bucks trend with 15% revenue increase
31/01/2014
Chinese sportswear brand Naibu has reported revenue growth of 15% for 2013, driven by the increasing trend towards urbanisation in China, as it reported at the time of its first-half results. Group revenues increased to reach a high of RMB1.9 billion ($318 million), with shoes making up around half ($170 million), clothing accounted for 43% ($137 ...