Topsports International Holdings Ltd

06110: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$5.60	Qwynmn	Xzsjmpccft

Topsports Is Racing With Nike and Adidas, but Facing a Competitive Workout

Ivan Su

Sep 11, 2024

Business Strategy and Outlook

Topsports receives more than 80% of its revenue from selling Nike and Adidas products in China. The company operates more than 6,500 stores across China, providing more selection and convenience than any other sportswear retailers. Topsports is Nike and Adidas' largest retail partner in China, helping them reach consumers across hundreds of Chinese cities.

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