Pou Sheng International (Holdings) Ltd. reported revenues grew 5 percent in September compared with September 2015.
The company, which is among the largest distributors of globally branded athletic and outdoor footwear in Greater China, reported net consolidated operating revenue increased $10.7 million to $216 million compared with September 2015.
The results brought net consolidated operating revenue for the nine months ended September 30 to $1.85 billion, or approximately 5.7 percent ahead of the $1.75 billion reported for the first three quarters of 2015.
Pou Sheng International sells sports performance and lifestyle apparel and footwear through more than 6,000 points of sale in mainland China, Taiwan and Hong Kong, making it the largest distributor and retailer of athletic footwear in China. In addition to operating mono-branded stores under license from such brands as Adidas, Asics, Columbia, Converse, Ked’s, Li-Ning, Mizuno, Nike, Oakley, O’Neill, Reebok, Rockport and Sperry Top-Sider, Pou Sheng is pioneering the multi-brand store concept in mainland China. In recent years, it has sought to expand distribution of outdoor performance brands.
Pou Sheng is a subsidiary of Yue Yuen, the world’s largest manufacturer of athletic and outdoor footwear. Both companies are publicly traded.
Photo courtesy Asics