Anta Sports Products is back in full form, boosted by China’s strong economic recovery after the pandemic. In an operational update for the third quarter, it said that retail sales for the Anta brand recorded low single-digit growth compared to the same period of 2019. Fila jumped by between 20 to 25 percent, while revenues from other branded products soared by 50 to 55 percent.
Related articles
-
News briefsPeak Performance offers free mobile ski servicing in London
The Swedish brand brings free ski and snowboard maintenance straight to Londoners’ doorsteps this winter, no purchase required.
-
Data & AnalysisRugged footwear market steps down in 2023
The global rugged footwear market declined by 2.2% in 2023 to $6.2 billion, with Salomon and other top brands driving gains in Europe and China, while US sales fell sharply, forcing brands to rely on new products and marketing to compete in a flat market.
-
News briefsAdelis Equity Partners invests in Btwentyfour
The supply chain automation platform gains backing for growth.