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
ANTA reportedly purchases Russian sports brand
24 Dec 2015
Report says Boston Celtics Gordon Hayward agrees to ANTA offer
27 Sep 2018
ANTA unveils official uniforms for China’s Winter Olympic Teams
28 Dec 2017
Spartan Race releases its 2018 event plan for China
07 Feb 2018
Ding Shizhong: We want Anta to become an international brand, instead of the Chinese version Nike.
27 Nov 2017
More from Yutang Sports
Birmingham Welcomes the World as SportAccord 2024 Kicks Off
08 Apr 2024
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
Birmingham is embracing a bright future supported by extraordinary sporting legacy
17 Apr 2024
Yutang Sports
loading...