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China Xiniya Trend has reported a close to halving of its retail gross sales within the first quarter of 2015 throughout which era it closed 294 authorised retailers. The Chinese language menswear firm is mid means via a serious restructure, aiming to spice…
Chinese menswear chain Xiniya Fashion culled 685 stores last year as part of a major restructure to restore profits. It says it opened 180 new retail outlets and closed 864 plus one flagship outlet. The result was a 38.4 per cent decline in revenue to…
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