Xtep sees varied brand growth in Q3 2025

Xtep International Holdings Limited announced its operational update for Mainland China for the three months ended September 30, 2025. The core Xtep brand experienced low single-digit year-on-year retail sell-through growth, encompassing both offline and online channels. The retail discount level for the core brand was between 25% and 30%, with channel inventory turnover ranging from 4 to 4.5 months.

In contrast, the Saucony brand demonstrated stronger performance, with retail sell-through growth (including offline and online channels) exceeding 20% year-on-year. The company emphasizes that this announcement is based on unaudited operational data, which has not been audited or reviewed by its auditor.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the company due to the unaudited nature of the disclosed data. The announcement was made in Hong Kong on October 17, 2025, by order of the board, signed by chairman Ding Shui Po.