Retail in Asia

In Sectors

China’s Belle posts 3pc rise in same-store footware sales, adds 889 outlets in 4Q

Belle International Holdings, the largest retailer of women’s shoes in China, said on Friday its same store footwear sales increased 3 percent in the fourth quarter of 2012 compared with the same period of the previous year. Same store sportswear sales jumped 10 percent from last year.

The group has added 889 outlets in the country during the fourth quarter which brings the total number of its retail outlets to 17,564. All of the stores, which include 12,090 footwear outlets and 5,474 sportswear outlets, were directly managed by the group.