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Xtep Launches 1st Asian Running Club Store

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Xtep Launches 1st Asian Running Club Store
Business

Business

Xtep Launches 1st Asian Running Club Store

2025-09-21 13:22 Last Updated At:13:45

New XRC Space Opens at Singapore's Kallang Wave Mall, Blending Gear, Culture and Community

SINGAPORE, Sept. 21, 2025 /PRNewswire/ -- Xtep, a leading Chinese performance sportswear brand, has opened its first running club store in Asia at Singapore's Kallang Wave Mall.  More than a typical retail outlet, the new store brings together high-performance running gear and community spaces to create a hub for local runners, featuring immersive displays and multi-category presentations that offer a full range of running products. It also provides dedicated services for professional runners, including marathon events, training camps, coaching sessions, and pacer programs. Guided by its strategy of "Professional runners influence mass runners," Xtep aims to serve both competitive elite runners who help prove product excellence, as well as beginners and running enthusiasts.

 

Singapore boasts a vibrant and deeply ingrained running culture, supported by a robust calendar of world-class events. According to Sport Singapore (SportSG), running and jogging consistently rank among the nation's top physical activities, anchored by events such as the Standard Chartered Singapore Marathon—which draws over 50,000 local and international participants annually—and a growing circuit of community runs. Capitalizing on this enthusiasm, Xtep has launched its first Xtep Running Club (XRC) store in the region. Designed as both a retail destination and community base, the XRC will host group runs, training sessions, and member events, offering performance footwear for competitive athletes and versatile apparel for training and daily wear. Runners can scan the QR code to join XRC for exclusive events and product experiences.

To mark the opening, Xtep hosted a "XRC RUN" kickoff event. At 6:30 a.m. on September 20, more than 200 runners gathered outside the store for a community run. Participants came from a wide range of industries, including finance, technology, and education, and ran in custom Xtep T-shirts along a route that passed the scenic Kallang River, offering a striking city backdrop. The run highlighted the energy of Singapore's running community and Xtep's connection to it. After the run, elite runners were invited to a dedicated 160X 7.0 Champion Collection Elite Appreciation Gathering, where they tested the new carbon-plate racing shoes and participated in interactive sessions. Many participants said the experience helped them choose gear better and appreciate Xtep's runner support.

The running club store is part of Xtep's effort to connect professional running with everyday participation. It aims to be a place where runners can find gear, receive guidance, share experiences, and feel supported at every stage of their running journey.

About XTEP

XTEP Group, one of the leading sports brands in China, was founded in 1987 and officially established as the brand XTEP in 2001. The Group was listed on the Hong Kong Stock Exchange on June 3, 2008 (01368.hk). In 2019, the Group launched its global strategy, incorporating Saucony, Merrell, K•SWISS, and Palladium to become a leading international sports group with multiple sports brands. For more about XTEP, please visit https://www.globalxtep.com/

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Xtep Launches 1st Asian Running Club Store

Xtep Launches 1st Asian Running Club Store

Xtep Launches 1st Asian Running Club Store

Xtep Launches 1st Asian Running Club Store

Xtep Launches 1st Asian Running Club Store

Xtep Launches 1st Asian Running Club Store

APIA, Samoa, April 23, 2026 /PRNewswire/ -- Phemex, a user-first global cryptocurrency exchange trusted by over 10 million traders, announced the official launch of its Prediction Market, powered by Polymarket, a leading decentralized prediction market platform. The new product enables users to trade on the outcomes of real-world events, while broadening Phemex's platform beyond traditional price-based markets.

Through the Prediction Market, Phemex users can take YES or NO positions on a wide range of events, including cryptocurrency milestones, sports tournaments, and world events. Markets are accessible directly through existing Phemex accounts using USDT, without requiring external wallets or separate on-chain interaction.

The launch reflects growing interest in markets where information, sentiment, and probabilities can be expressed more directly than through conventional asset trading. By integrating prediction markets into a centralized trading environment, Phemex aims to make this category more accessible to a broader global user base.

To mark the launch, Phemex introduced the Prediction Championship, a four-week participation event running from April 23 to May 20, 2026. The series ranks eligible users based on forecasting performance, with rewards distributed weekly and final standings recognized at the conclusion of the competition.

"Prediction markets represent an important evolution in market structure," said Federico Variola, CEO of Phemex. "They transform information and collective expectations into tradable signals. In a world increasingly shaped by fast-moving narratives, users are looking for more direct ways to express views on outcomes, not only on asset prices. Bringing this category onto Phemex is part of our broader strategy to build a more complete trading ecosystem around how markets actually function today."

The launch follows Phemex's recent expansion into new product verticals, including TradFi futures and AI-enabled trading tools, underscoring the company's push toward a broader multi-market platform. Looking ahead, Phemex plans to continue expanding prediction market coverage, product functionality, and cross-category trading opportunities as user demand for event-driven markets grows globally.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/

 

APIA, Samoa, April 23, 2026 /PRNewswire/ -- Phemex, a user-first global cryptocurrency exchange trusted by over 10 million traders, announced the official launch of its Prediction Market, powered by Polymarket, a leading decentralized prediction market platform. The new product enables users to trade on the outcomes of real-world events, while broadening Phemex's platform beyond traditional price-based markets.

Through the Prediction Market, Phemex users can take YES or NO positions on a wide range of events, including cryptocurrency milestones, sports tournaments, and world events. Markets are accessible directly through existing Phemex accounts using USDT, without requiring external wallets or separate on-chain interaction.

The launch reflects growing interest in markets where information, sentiment, and probabilities can be expressed more directly than through conventional asset trading. By integrating prediction markets into a centralized trading environment, Phemex aims to make this category more accessible to a broader global user base.

To mark the launch, Phemex introduced the Prediction Championship, a four-week participation event running from April 23 to May 20, 2026. The series ranks eligible users based on forecasting performance, with rewards distributed weekly and final standings recognized at the conclusion of the competition.

"Prediction markets represent an important evolution in market structure," said Federico Variola, CEO of Phemex. "They transform information and collective expectations into tradable signals. In a world increasingly shaped by fast-moving narratives, users are looking for more direct ways to express views on outcomes, not only on asset prices. Bringing this category onto Phemex is part of our broader strategy to build a more complete trading ecosystem around how markets actually function today."

The launch follows Phemex's recent expansion into new product verticals, including TradFi futures and AI-enabled trading tools, underscoring the company's push toward a broader multi-market platform. Looking ahead, Phemex plans to continue expanding prediction market coverage, product functionality, and cross-category trading opportunities as user demand for event-driven markets grows globally.

About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.

For more information, please visit: https://phemex.com/

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

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