Do or die: Chinese sports chain wrestles with ecommerce

Hong Kong-listed sportswear retailer Pou Sheng plans to go private so it can make the investment and take the risks needed to catch up with China’s ecommerce boom.

Taiwanese conglomerate Pou Chen plans to take private Chinese sports shoes retailer Pou Sheng International for $1.4 billion, to help it cope with the inexorable shift towards ecommerce in mainland China.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media