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aljafy

10/24/21 10:10 PM

#71443 RE: StockHobit #71442

And let's not forget the upcoming 2022 Olympics are in Beijing in Feb.

"The programme does not govern the individual commercial activities of athletes, except for prohibiting them using the Team China identity and titles. By law, athletes own their own image rights.

The source says the Team China programme may leave room for athletes to be individually sponsored for apparel, including shoes, caps, head and wrist bands."

https://www.sportbusiness.com/2019/12/team-china-brand-sets-high-partnership-price-targets-400m-in-quadrennial-revenue/
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Pennyboy20

10/24/21 11:31 PM

#71445 RE: StockHobit #71442

There was an article that stated they had plans to open 200 stores in China, but Covid put a pause on those plans. I think there were stores confirmed, but it was just a handful at this point. That being said, I agree with you….they will continue to grow in China. It’s a huge market. Imo