Xtep Sports opens sportswear store in India
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Hong Kong-headquartered Xtep Sports has opened its first Indian flagship store, in Bengaluru. The Xtep group, which specialises in footwear and sportswear, currently has 6035 stores in 31 Mainland China provinces as well as in Vietnam, Nepal, Saudi Arabia and Spain. The company was founded by Ding Shui Po, now its CEO, in 1999 as an original equipment manufacturers for global sports brands. It launched its own label in 2002.
The company is reportedly planning to open five stores in India by the end of this year and will also sell through local online marketplaces.
Questions & Answers
Q.Where is Xtep Sports' new Indian flagship store located?
Where is Xtep Sports' new Indian flagship store located?
The Xtep Sports' new Indian flagship store is located in Bengaluru. This is their first flagship store opening in India, expanding their global retail presence.
Q.How many stores does Xtep Sports currently operate globally?
How many stores does Xtep Sports currently operate globally?
Xtep Sports currently operates 6035 stores. These are spread across 31 Mainland China provinces, as well as in Vietnam, Nepal, Saudi Arabia, and Spain.
Q.What are Xtep Sports' expansion plans for India this year?
What are Xtep Sports' expansion plans for India this year?
Xtep Sports plans to open five stores in India by the end of this year. They will also be selling their products through local online marketplaces to reach more customers.
Q.When was Xtep Sports originally founded and what was its initial business?
When was Xtep Sports originally founded and what was its initial business?
Xtep Sports was founded in 1999 by Ding Shui Po. Initially, the company operated as an original equipment manufacturer for various global sports brands before launching its own label in 2002.
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