VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
ANTA Sports became the No. 1 apparel retailer in market value at the end of December 2017, according to a report by china-ef.com.
As shown in the report, the share price of ANTA has risen by 56% to a market value of about 81.2 billion yuan, followed by Hailan Home’s 44.2 billion yuan.
The report also cited a UBS research that ANTA has been stepping up its Multi-brand Strategy over the past 2 years, with its acquisitions of brands like Kolon Sport and KingKow. The research also predicts that ANTA will complete 2 purchase deals each year and whiteness an even further growth in profit during the next three years.
The retailer has now included ANTA, ANTA KIDS, FILA, FILA KIDS, DESCENTE, KOLON SPORT, Kingkow and NBA brands into its marketing portfolio. The brand seems interested in all segments of the sportswear industry, from mass to high-end consumers, from adults to kids markets and from professional to public businesses.
Source: news.china-ef.com
Proofread by William Logsdon
Related coverage
China's ANTA Sports says H1 profit up 20 pct, margin improves
06 Aug 2015
Youth sports market is rising in China
27 Oct 2015
ANTA to set up joint venture company with Kolon Sport
23 Oct 2017
ANTA reports over 40% growth in the first half of 2018
14 Aug 2018
Li-Ning, Anta release first-half results
16 Aug 2017
More from Yutang Sports
Future of Sport: a resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023
Birmingham Welcomes the World as SportAccord 2024 Kicks Off
08 Apr 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
IWGA to confirm the World Games host
11 Apr 2024
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023
Yutang Sports
loading...