Topsports International Holdings Ltd
06110: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 3.30 | Cxmghsf | Xmpcwjvx |
Topsports Is Racing With Nike and Adidas, but Facing a Competitive Workout
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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.