China Dongxiang (Group)'s (HKG:3818) Kappa-branded stores recorded a high single-digit year-over-year decrease in retail performance for the three months ended Sept. 30, a Friday filing on the Hong Kong bourse said.
The sports apparel retailer's same-store sales related to Kappa-branded stores saw a low 10%-20% decrease during the quarter compared with the year-ago period.
As of Sept. 30, the number of the company's Kappa-branded stores fell by 11 to 1,001 stores, compared with those as of March 31.