Trade Resources Company News Peak Sports Products Q2 Comps Rose Low-Single Digits

Peak Sports Products Q2 Comps Rose Low-Single Digits

Peak Sports Products Q2 comps rose low-single digits. With the increase in same store sales for the period ended June 30, the Chinese company said its distributors and retailers recorded improved results due to better sell-thrus and fewer retail discounts.

While average selling prices were flat during Peak’s spring sales fair, the company did experience mid-teens growth in orders with stronger growth in windbreakers and outdoor, basketball and running shoes. At June 30, Peak had 6,000 retail outlets in China, managed by independent distributors or retail operators, down a dozen from CY13 end

Source: Made-in-China.com
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