CICC assessed the increase in sales of the main brand of TEP...

CICC assessed the increase in sales of the main brand of TEP International and the improvement of inventory management. It is predicted that the value and future performance of the main brand of XTEP will increase in 2023. Sales of new brands have increased by more than 100%, but there are risks to be aware of: intense competition in the industry, the retail environment falling short of expectations, and fluctuating raw material prices.