Xtep International Holdings Limited has released an operational update for its business in Mainland China for the third quarter of 2025. The company reported low single-digit year-on-year growth in retail sell-through for its core Xtep brand, encompassing both offline and online channels. Retail discount levels for the period were maintained at 25%-30%, and channel inventory turnover stood at 4 to 4.5 months. In comparison, the Saucony brand recorded more than 20% year-on-year growth in retail sell-through during the same period. The results are based on unaudited operational data.
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