PEAK Shoe Industry Will Add 1000 Outlets

In March 16th, Peak Sport Products Co Limited listed last year for the first time in 2009.

The annual report shows that the total turnover in 2009 increased 51.6% to 3 billion 95 million yuan, gross profit margin increased to 37.5%, and the basic earnings per share were RMB 0.36 yuan.

"In 2010, PEAK brand went to all cities across the country, and plans to set up about 1000 sales outlets and 100 basketball stores in 2010."

Lin Bilian, director of PEAK sales, told the daily economic news that the company adopted the strategy of "deep plowing two or three lines and taking the strategy to attack the first tier cities", hoping to further expand the market coverage and enter a wider range of sports goods, such as running shoes, tennis, football and so on.

It is reported that after obtaining financing, PEAK is accelerating its expansion, with sales outlets reaching more than 6200.