"We like investing in Chinese consumer-focused companies but, even among businesses in this attractive sector, there are no guarantees as declines in the fortunes of some Chinese sportswear brands is reflected in their continued buildup of inventory, " said George Raffini, managing partner at private-equity firm Headland Capital Partners, which bought a stake in down-apparel maker Bosideng International Holdings Ltd.
WSJ: China Brands Lose to Western Labels