XTEP'S Winter Order Will Be Gratifying.
According to Hong Kong media reports, sports stock XTEP International (01368) first announced the results of this winter order meeting, the annual growth rate of orders was 25%, the highest level in the year. The first three quarters increased by 22%, 20% and 23% respectively.
XTEP pointed out that orders for clothing products in the fourth quarter increased by 26% annually, while footwear sales increased by 23% annually. The average selling price of the two categories of products increased.
Among them, XTEP takes the series of running shoes as the key products. The order of the products increased by 43%, the number increased by 30%, and the average selling price increased by 10%.
At the beginning of this year, XTEP became Premier Bermingham's clothing sponsor from 2010 to 2015. The company said it would launch the XTEP Bermingham product series in 2011 first quarter.
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