SEHK:6110Specialty Retail
Is Store Footprint Reduction Reshaping The Investment Case For Topsports International Holdings (SEHK:6110)?
Topsports International recently reported that its total retail and wholesale sales for Q3 FY2025/26 fell by a high single‑digit percentage year-on-year, while the area of its directly operated stores contracted by 13.4% over the same period.
This pullback in physical store space hints at a reshaping of Topsports International’s operating model, with potential consequences for revenue scale, customer experience, and relationships with brand partners.
We’ll now explore how the ongoing...