People running at night in Shanghai. About five million runners took part in more than 1,000 competitive events in China last year, roughly double the number in 2016. Photo: AFP

China’s running craze could spawn sportswear unicorn, says Kappa’s owner

Boss of China Dongxiang, which owns the iconic Italian brand in mainland China, predicts a US$1 billion domestic firm will emerge in the booming running sector

Topic |   Fashion

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People running at night in Shanghai. About five million runners took part in more than 1,000 competitive events in China last year, roughly double the number in 2016. Photo: AFP
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