Tebu X-Street Multi Brand Collection Store, The First In China, Settled In Xiamen SM

In August, the first collection store of streesm in Xiamen.

X-street is a multi brand and multi category store of Tebu group. It has four brands, namely XTEP, SAUCONY, palladium and Merrill, with six kinds of fashion styles.

The shop covers an area of more than 1500 square meters. The decoration style is simple style of industrial design, which breaks the space limitation and brings consumers a fashionable shopping experience. In addition, the fashionable and cool elements make the fashionable goods in different areas more attractive.

The brand-new brand concept of x-street is the extension and development of Tebu group's attitude towards brand becoming younger and more fashionable. "X" represents the possibility of the future development of young groups, and also represents the possibility of future development of special steps; "street" represents a lifestyle of the mainstream consumer groups, which is an attitude of young people to high requirements for life, and is also the concept carrier of fashion art.

In the second half of this year, there are many special moves. On October 9, TSE Ting Feng, the spokesperson of the company, agreed to subscribe for 5 million shares of the company at a price of HK $2.48 per share, with a total price of HK $12.4 million, equivalent to about RMB 10.7 million. According to the ban, TSE will not sell shares for a year.

During the period of last year, the sales volume of Li's e-shoes was only 3.1 billion, accounting for only 3.0 billion of the total sales volume.

According to the financial report released by Tebu, in the first half of 2020, the revenue of mass sports brands represented by Tebu accounted for 87%; that of fashion sports brands represented by gasway and paladin accounted for 12.5%; and that of professional sports brands represented by sokoni and Melo accounted for 0.5%. And these three market segments are also the main focus of the current special step plate.