Ever-Glory succumbs to pressures
16/11/2015
China-based sportswear maker and retailer Ever-Glory has finally succumbed to pressures felt by peers as it reports a 15% fall in revenues to $118.6 million for the third quarter. China’s sportswear groups have been dogged by excessive inventories and opening too many stores in recent years, but while companies such as Li Ning and Exceed...
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