This article only represents the author's own views.
Talk about a misstep. Just five years after acquiring the globally known K-Swiss and Palladium shoe brands, Xtep International Holdings Ltd. (1368.HK) is preparing to dump the pair to stop the bleeding from what has turned out to be a self-destructive purchase.
Last Friday, the sports apparel maker issued a 100-plus page document detailing a complex series of transactions to divest the two brands, which it acquired in 2019 from Korean group E-Land. The company first announced its plan to sell the assets in May.
您已阅读9%（567字），剩余91%（6043字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。