HONG KONG, Dec. 16 /PRNewswire-Asia/ -- Peak Sport Products Co., Limited
("Peak Sport" or the "Company", HKEx Stock Code: 1968, together with its
subsidiaries the "Group"), a well-known branded sport products company in
China, is pleased to announce the opening of its 6,000th retail outlet, which
has further enhanced its distribution network over the PRC.
The 6,000th retail outlet of Peak Sport is called Chuansha shop with a
floor area of 423 sq. meters. It is located at Chuansha Commercial Street, the
bustling commercial area in Pudong district, Shanghai with high visitor flow
rate. Adjacent to our shop are retail stores of renowned brands in the PRC
while the largest computer center and internet cafe in the district are
situated upstairs of the shop. The favorable geographical location will enable
Peak Sport to grasp customers with high purchasing power who quest for premium
sport footwear and apparel products and also attract young target customers.
It will at the same time bring great promotion effect to the brand.
Regarding the opening of the 6,000th retail outlet, Mr. XU Zhihua, Chief
Executive Officer and Executive Director of Peak Sport said: "The opening of
the 6,000th retail outlet has special meaning to the Group. The Group has been
striving to expand its national distribution network in recent years and now
its network covers four municipalities and 27 provinces in the PRC. The
opening of the 6,000th retail outlet of Peak Sport in the prime area in
Shanghai Pudong can strengthen Peak Sport's leading position, attract more
target customers and get hold of the opportunities brought by the expanding
domestic demand in the PRC."
About Peak Sport Products Co., Limited
Peak Sport Products Co., Limited is a leading branded sport products
company in China and was listed on the Main Board of The Stock Exchange of
Hong Kong Limited on 29 September 2009. According to a market survey conducted
by Frost & Sullivan in November 2008, "PEAK" is among the top three most
recognized sports footwear and basketball footwear brands in China. Peak
primarily engages in designing, developing, manufacturing, distributing and
marketing its sport products (including footwear, apparel and accessories)
under the Peak brand. Up to December 2009, Peak possesses an extensive retail
network with more than 6,000 outlets, and its products are exported to over 70
countries. Peak executes a focused marketing and branding strategy
internationally and it has become an exclusive official marketing partner of
the NBA in China since October 2007.
For further information, please contact:
Porda International (Finance) PR Group
Ms. Kelly Fung
Ms. Fiona Ko
SOURCE Peak Sport Products Co., Limited