POU SHENG INT'L (03813.HK): Online Platform Sales of NIKE Products to Terminate from 1 January 2027, Accounting for Around 15% of Total Revenue
NewTimeSpace News: POU SHENG INT'L (03813.HK) announced that the Group has received notification from NIKE that its online platform sales of NIKE products in mainland China will be fully terminated with effect from 1 January 2027. Revenue from such online business represented approximately 15% of the Group’s total revenue for the financial year ended 31 December 2025, though its contribution to profitability was insignificant.
NewTimeSpace News: On 22 July 2026, POU SHENG INT'L (03813.HK) issued a voluntary announcement. The Group has received formal notice from NIKE that its ongoing online platform sales of NIKE products within mainland China shall be fully terminated commencing 1 January 2027.
For the financial year ended 31 December 2025, revenue generated via online platform sales of NIKE products made up roughly 15% of the Group’s aggregate revenue; nevertheless, its contribution to the Group’s profit was not material.
The Group stated that it will maintain close cooperation with NIKE to continuously optimise market channel ecosystem and jointly deliver higher-quality consumer experience.
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