Posts tagged as Belle International

  • belle_101804041850

    Tuesday, October 27th 2015

    Belle: Apparel performs better than footwear

    by Markus Huber

    In the first six months of its financial year, Belle International, China’s huge footwear, apparel and sporting goods retailer, lifted its total sales by 4 percent to nearly 19,360 million yuan renminbi (€2,756.4 million). Equally net profit was up also by 4 percent, and reached RMB 2,158 million (€307.3 million). Apparel developed better than shoes. […]

  • Tuesday, October 28th 2014

    Belle sees double-digit growth in first half

    by Markus Huber

    Belle International, China’s leading shoe and sporting goods retailer has presented satisfactory figures for its first half of 2014-15 ended Aug. 31. Total sales were up to 18.6 billion yuan renminbi (€2.4 billion) over RMB 16.7 billion (€2.2 billion) in the previous year’s period. Operating profit improved to RMB 2.7 billion (€347.6million) compared with RMB 2.4 […]

  • Wednesday, August 6th 2014

    Belle projects drop in shoe sales and strong increase for apparel

    by Markus Huber

    In a preliminary statement, Sheng Bai Jiao, chief executive of Belle International, has projected a drop in shoe sales into low single figures on a like-for-like basis for the first six months ending Aug. 31. Garments, on the other hand, are expected to increase on a comparable basis into the high single-figures or low teens. The big Chinese sports […]

  • Tuesday, May 27th 2014

    Belle anticipates continued slowdown in Chinese retail

    by Markus Huber

    Belle International, China’s leading shoe and sporting goods retailer, has posted a sales increase by 10.1 percent on a comparable basis of 43.07 billion yuan renminbi (€5.1 billion) compared with the previous year. The financial year was exceptionally long (14 months) and ended Feb. 28. Net profit was up by 1 percent to RMB 5.16 billion (€600 […]

  • Tuesday, March 27th 2012

    More multi-sport and multi-brand retailing in China


    Several Chinese sporting goods retailers are joining foreign players such as Décathlon, Intersport and Xebio in launching new multi-sport and multi-brand retail formats in their own country, to try and make up for the low profit margins in their mono-brand stores. Furthermore, Chinese consumers are becoming more sophisticated, so they are demanding a wider range […]