VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
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
Related coverage
ANTA selected management system
28 Oct 2014
CGAS releases the 2017 national sports industrial bases list
15 Nov 2017
ANTA signs NBA star Klay Thompson
14 Feb 2015
ANTA shows good growth potential in 2015
18 May 2015
FILA names Chinese actor Chen Kun as brand ambassador
04 Sep 2017
More from Yutang Sports
Discover the SportAccord Summit sessions!
31 Jan 2024
SportAccord scores Summit touchdown with NFL
18 Jan 2024
VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023
SportAccord 2024 - combating online abuse ‘chance for sport to show its power’
22 Mar 2024
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023
Yutang Sports
loading...