Six Major Sports Stocks Closed Half A Year To 2200 Half Last Year.

< p > retail sales interim results are coming to an end. Although many retailers pointed out that the market in the first half of last year was better than last year, the scope of Customs stores has been expanding.

The results showed that the six major sports stocks closed about 2200 in the first half of the year, and the scale was only slightly lower than half of last year's total number of closed stores, indicating that enterprises are still cautious about the prospects.

Guan shop tide also spread from the sports industry to high-end restaurants and < a target= "_blank" href= "http://www.91se91.com/" > dress < /a > enterprises.

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< p > < strong > 6 sports stocks half a year close to 2200, nearly half last year < /strong > < /p >

Lining (2331) and PEAK (1968), which took the lead last year, have cut the number of stores from more than 8000 at the peak to about 6000 to 6100 now, with a contraction of nearly 1/4 in P.

The trend of China (3818) is to break arm and survive, and reduce about 30% stores on the basis of cutting 1110 stores last year, leaving only about 1400 Kappa brand shops.

But on the other hand, Anta (2020), 31st degree (1361) and XTEP (1368) three still keep in the range of 7400 to 7800. At present, six sports stocks still have 37 thousand retail outlets.

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Ding Shizhong, chairman of Anta's most optimistic outlook for the P, said that the worst time had passed, but with the retail terminal, Anta plans to close about 200 stores in the second half of the year.

XTEP chairman and chief executive officer Ding Shuibo (micro-blog) believes that the whole market will continue to close shop tide, "you only see these companies listed, and a large number of small brands not listed in struggle, but also to die a number of more."

Ding Shuibo pointed out that if the industry really improves, it will not be known until the second half of the year. At present, the retail discount of the whole market is still very high.

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< p > < strong > anti-corruption continued Beijing food beverage closed more than 2000 "/strong > < /p >.

< p > on the other hand, because the central anti-corruption fight has not been soft for half a year, high-end clothing and catering enterprises have gradually joined the customs shop.

Last year, the high-end menswear brand operator Li Bang (0891), still expanding, cut 17 stores in the mainland in the first half of this year.

The mass market Giordano (0709) closed 65 stores in the mainland in the first half of this year, which is just the tip of the iceberg in the entire apparel industry.

Liu Guoquan, chief executive of Giordano, said that Giordano has a much smaller store than its peers, but it also needs to close some of the loss stores in the second half of the year.

The mainland securities times network report pointed out that in the first half of this year, the catering license in Beijing was reduced by about 2200, which means that the number of Customs outlets of the company is over 2000.

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< p > Zhao Xiao, an analyst with China Merchants Securities, believes that the sports stocks have gone to the end, but the industry is really out of the doldrums until next year, and I believe the adjustment is still going on.

She points out that the profit margin of XTEP dealers is only low, and is still very low.

As the valuation of sports stocks has been high, Anta's valuation is close to BELLE. At present, Lining still has room for valuation increase.

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