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.

Alison Tudor-Ackroyd

January 21, 2018

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.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

M&A
North Asia

#retail
#china
#hong kong
#taiwan
#acquisitions
#pou sheng
#yue yen