XTEP International (01368) has announced its operational performance for the fourth quarter and the full year of 2025 in the Chinese mainland market.
For the three-month period ended December 31, 2025, retail sales for the core XTEP brand, encompassing both online and offline channels, were flat compared to the same period last year, with an average retail discount level of 70% to 75%.
During the same quarter, Saucony brand retail sales, also including both online and offline channels, achieved a year-on-year increase exceeding 30%.
For the full fiscal year ended December 31, 2025, the XTEP main brand's retail sales, across all channels, recorded a low single-digit percentage growth compared to the previous year, with channel inventory turnover standing at approximately four and a half months.
Saucony brand retail sales for the full year demonstrated robust growth, increasing by over 30% year-on-year.