Xtep International Holdings Limited (01368.HK) disclosed its Q2 2025 operational performance in mainland China. During the quarter, retail sales for the Xtep Core Brand across both online and offline channels recorded low single-digit year-on-year growth. Meanwhile, Saucony demonstrated robust momentum with retail sales surging over 20% YoY through comparable channels.
For the six months ended June 30, 2025, the Xtep Core Brand achieved mid single-digit YoY growth in total retail sales. Inventory turnover for this brand remained stable at approximately four to four and a half months. Saucony continued its exceptional trajectory, posting over 30% YoY sales growth during the same period through integrated retail channels.
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