China's Sportswear Sector Looks Set for Slower Growth -- Market Talk

Dow Jones

2024/09/18

0818 GMT - China's sportswear sector could witness further consensus downgrades on industry growth, Deutsche Bank Research analyst Jessie Xu says in a commentary. Xu points out that the management teams at Li Ning and Topsports noted this possibility and the need to sacrifice discounts in 2H if sell-throughs fall below expectations and competition intensifies, putting pressure on margins. An inventory crisis could resurface, given weak demand and potentially slower sell-out, the analyst says. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

September 18, 2024 04:18 ET (08:18 GMT)

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Xu points out that the management teams at Li Ning and Topsports noted this possibility and the need to sacrifice discounts in 2H if sell-throughs fall below expectations and competition intensifies, putting pressure on margins. An inventory crisis could resurface, given weak demand and potentially slower sell-out, the analyst says. (tracy.qu@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 18, 2024 04:18 ET (08:18 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1227","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2468374965","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468374965","pubTimestamp":1726647480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0818 GMT - China's sportswear sector could witness further consensus downgrades on industry growth, Deutsche Bank Research analyst Jessie Xu says in a commentary. Xu points out that the management teams at Li Ning and Topsports noted this possibility and the need to sacrifice discounts in 2H if sell-throughs fall below expectations and competition intensifies, putting pressure on margins. An inventory crisis could resurface, given weak demand and potentially slower sell-out, the analyst says. 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