SPORTACCORD 2024 INSIGHTS: Touchdowns, Home Runs and Slam Dunks
12 Jun 2024 15:50
Insiders have said that Chinese sporting goods manufacturer ANTA are trying to acquire KINGKOW, a children's wear brand based in Hong Kong, at a price of HKD 60 million (RMB50M, US$7.7m).
ANTA started their children's wear brand "ANTA KIDS" in 2008 and it has been one of the major drivers of ANTA's business. Over the years, ANTA has seen great growth in its children's wear business. ANTA's 2017 interim report shows that the amount of ANTA KIDS' stores has increased to over 2100, 10 times more than in 2009.
Founded in 1998, KINGKOW is a children's wear brand famous for its colourful style. According to the KINGKOW official website, there are 150 KINGKOW stores currently in Asia. Media have reported that there were other brands bidding to acquire KINGKOW, with ANTA winning the bidding stage for its strong selling system and branding ability.
Source: sohu
Proofread by Raymond Fitzpatrick
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024 16:00
Related coverage
Anta Sports endorser Rajon Rondo tours China
19 Aug 2015
ANTA to set up joint venture company with Kolon Sport
23 Oct 2017
Anta signs with captain of Team China
02 Jul 2015
Report says Boston Celtics Gordon Hayward agrees to ANTA offer
27 Sep 2018
ANTA shows good growth potential in 2015
18 May 2015
More from Yutang Sports
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Interview with Yiannis Exarchos: to narrate Olympic story in new ways and promote positive values
01 Jul 2024
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
SPORTACCORD 2024 INSIGHTS: Paris 2024 here we come!
02 Jul 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Yutang Sports
loading...