Belle is "well positioned" despite slowdown in growth
15/10/2012
Shares of Chinese footwear and apparel companies have fallen after footwear retailer Belle International Holdings reported lower quarterly sales growth for Q3 than it expected. Its footwear business grew 2.8% while sportswear grew 3.6%, compared with second-quarter growth of 10.5% in footwear and 5% in sportswear. Belle operates 16,500 stores in ...