Belle online sales top RMB 200m in 2010
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Semyon [2011-05-20]
Shenzhen-based shoe and sportswear retailer Belle International (1880.HK) recorded more than RMB 200 million in online sales in 2010, Belle's Online Sales Manager Xie Yunli said February 14. Belle's official shopping site topshoes.cn generated revenues of RMB 100 million, while the company's sales via e-commerce sites Taobao.com, Eachnet.com and Paipai.com together brought in over RMB 100 million, according to Xie.
Belle had a total of 8,312 shoe stores and 3,655 sportswear stores by the end of December 2010 and recorded 16% y-o-y same store sales growth for its footwear business in Q4 2010. CITATION http://www.chinaleather.org/eng/show.php?itemid=5899