May 07, 2024

Xtep plans to open 100 children's wear children's shoes retail outlets by the end of 2013

Baby Industry Research Center data show that consumer spending double-digit growth has become a new growth point for the development of the footwear industry. Domestic brands and foreign brands each account for half of the market share. Domestic brands are mainly in the second and third tier cities, while foreign brands are mostly concentrated in the first-line market. Footwear brand Xtep executives recently said expansion of children's wear children's shoes business plans to open in the second and third tier cities by the end of next year 100 children's wear children's shoes retail stores. Allegedly, Xtep plans to develop children's shoes and clothing line Xtep +1. Children's clothing series is still the main high-end casual fashion products, the price is relatively lower than adult clothing. Xtep chief financial officer He Ruibo interview with the media said that Xtep hopes to expand the product range, the client layer to all men and women.

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