The firm's average inventory turnover period rose by eight days in the first six months to 58 days. Anta tried to solve its excess inventory problem by destocking - lowering prices, making use of online sales platforms, closing inefficient stores and controlling new retailer orders.
via Business feed http://www.scmp.com/business/companies/article/1294833/china-sportswear-firm-antas-turnover-falls-14pc-first-half-amid
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