HK Stock Market Move | XTEP INT'L(01368) fell nearly 3% in the afternoon, with single-digit year-on-year growth in retail sales of its main brand in 2025.

XTEP INT'L (01368) fell nearly 3% in the afternoon, down 2.87% as of the press release, at HK$5.08, with a turnover of HK$40.7551 million. On the news front, XTEP INT'L announced the operating performance of its mainland China business in the fourth quarter and full year of 2025. For the three months ending on December 31, 2025, the retail sales of the main XTEP brand (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) remained flat year-on-year, with retail discounts ranging from 70% to 75%; Skechers' retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth. For the year ending December 31, 2025, the retail sales of the main XTEP brand (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) saw low single-digit year-on-year growth, with inventory turnover of about four and a half months; Skechers' retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth.