Belle adds 2,600 outlets in 2012
25/03/2013
It reported a full-year net profit of 4.4 billion yuan ($708 million), up from 4.26 billion yuan in 2011. Full-year revenue rose to 32.9 billion yuan ($5.3 billion), from 28.95 billion yuan a year ago.
However, the rate of growth was the slowest since 2008, as a weaker economy cut consumer spending and higher wages raised costs.
Of its 17,564 outlets, 12,090 are footwear stores and 5,474 sell sportswear.
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