Topsports (06110) rose more than 9% in the morning session, as of the time of publication, it rose by 7.39%, closing at 2.47 Hong Kong dollars, with a turnover of 0.106 billion Hong Kong dollars.
According to the Wisdom Financial APP, Topsports (06110) rose more than 9% in the morning session, as of the time of publication, it rose by 7.39%, closing at 2.47 Hong Kong dollars, with a turnover of 0.106 billion Hong Kong dollars.
On the news front, Nike has announced a new product plan: launching a brand-new simplified series of road running shoes (rebound cushioning Pegasus series, super cushioning Vomero series, supportive cushioning Structure series); releasing the Nike Vomero 18 new product leading in super cushioning; unveiling new basic running apparel Nike Swift and Stride; introducing new women's shoe Air Max Muse. This release marks the first new product line after the new CEO took office, with a clear product strategy, consolidating Nike's advantages, focusing on professional running, and precisely meeting the needs of runners.
GTJA pointed out that Nike's launch of a new road running shoe product line division is beneficial for consumers of all kinds of needs to choose suitable products, expecting improvements in both products and channels under the leadership of the new CEO Hill at Nike. The future turnaround of Nike's operations is expected to bring bullish news to related industry chain symbols. BOCI previously stated that Topsports's potential turnaround may take several months, as it faces the industry-wide issue of declining offline foot traffic and the company's unique high dependence on Nike.