Chinese sportswear brand Xtep recently reported a 12% rise in its revenues to around $638 million or ¥4.14 billion during the first half of the year (H1), including a 16% increase in footwear sales to roughly $400 million (¥2.6 billion). 

Regarding the apparel segment, revenues rose by more than 8% to almost $225 million (approximately ¥1.5 billion), whereas accessories declined 8% to $12.2 million (¥79.2 million). 

The activewear company said that its operating profits were boosted by nearly 37% to around $105.6 million or ¥684 million. 

As of the end of June, the total number of Xtep branded stores worldwide amounted to 6,015, with the majority located in mainland China. 

Image: Xtep. 

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