XTEP INT'L (01368) fell nearly 3% in the afternoon session, declining 2.87% to HK$5.08 by the time of writing, with a turnover of HK$40.76 million. During the midday break, XTEP INT'L released its operational update for the Chinese mainland business for the fourth quarter and full year of 2025. For the three months ended December 31, 2025, retail sales for the core XTEP brand (including online and offline channels) were flat year-on-year, with a retail discount level of 70% to 75%. Conversely, Saucony retail sales (including online and offline channels) achieved a year-on-year increase of over 30%. For the full year ended December 31, 2025, the core XTEP brand's retail sales (including online and offline channels) recorded a low single-digit year-on-year increase, with channel inventory turnover at approximately four and a half months. Saucony retail sales (including online and offline channels) achieved a year-on-year increase of over 30% for the full year.