All Amer Sports articles – Page 4
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ArticleAnta Sports shuffles roles and responsibilities, Ding Shizhong hands over CEO role
To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.
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News briefsWilson signs first head-to-toe brand ambassador
Wilson Sporting Goods has signed up professional tennis player Marta Kostyuk as its first head-to-toe (rackets, footwear and apparel) Wilson advisory staff member. The 20-year-old Ukrainian rising tennis star has career-high rankings of 49 in singles (Feb. 2022) and 39 in doubles (Sept. 2022). She recently made the quarterfinals at ...
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News briefs
Anta weighing up an IPO of Amer Sports
Anta Sports is considering an initial public offering (IPO) of Amer Sports, Bloomberg has reported, drawing its information from people familiar with the matter who asked not to be identified. Amer Sports includes brands like Wilson, Arc’teryx, Salomon and Atomic. The company and its co-investors are currently holding preliminary negotiations ...
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News briefsNew market manager for Atomic Germany and Poland
Source: Atomic Ralf Schörghofer The Austrian ski manufacturer Atomic, part of Amer Sports, has announced the promotion of its 19-year employee Ralf Schörghofer to market manager for Germany and Poland. Schörghofer is responsible for the sales and market presence of the brand. His German team will also ...
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Infographics & DataLeading sports equipment brands 2021
This exclusive chart and data can be downloaded by our Premium Members.
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AnalysisMarket Analysis: The sports equipment market
This exclusive statistic includes revenue and market share development for the major global sports equipment brands.
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ArticleMarket Analysis: The sports apparel market
This is an exclusive, yearly statistic available only to subscribers of SGI Europe. It includes revenue and market-share development, as well as a regional breakdown, of the major global sports apparel brands.
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ArticleE-commerce, DTC model bolstered Anta H1 Sales
Anta Sports Products recorded a 13.8 percent increase in first half revenues to 25,965 million yuan renminbi (€3,687.0b) thanks to contributions from its direct-to-consumer and e-commerce segments, which helped to offset a 34 percent sales decline in its traditional wholesale business that was adversely impacted by the pandemic. DTC sales ...
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News briefsRottefella wins patent lawsuit
According to a LinkedIn post by Rottefella, the company, together with Madhus, won a patent lawsuit against Amer Sports and its Salomon and Atomic brands at the Oslo District Court. The lawsuit involved patent rights for detachable bindings for cross-country skis and a solution for easy adjustment and installation of ...
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News briefsAmer Sports publishes 2021 sustainability report
Amer Sports has reviewed its sustainability commitment in many areas since 2020. The company has since become a Fair Labor Association (FLA) member, created an anti-corruption and anti-bribery policy, and updated its Code of Conduct and Ethics Policy. As signatories to the United Nations Fashion Industry Charter for Climate Action ...
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News briefsAmer completes sale of Suunto
Amer Sports and Liesheng have completed the transaction in which Amer sold Suunto to the Chinese technology company, first announced in January. Suunto will continue to focus on high-end outdoor wearables under its new ownership, the participating parties said. Rothschild & Co acted as financial advisor and Avance as legal ...
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ArticleDTC, e-commerce drive topline for Anta Sports Products
Anta Sports Products’ annual operating income rose by 20 percent in 2021 to 10,989 million yuan renminbi (€1.57b) as total revenue increased by 39 percent to RMB 49,328 million (€7.01b). Net income attributable to equity shareholders was 50 percent higher at RMB 7,720 million (€1.16b) for the 12 months ended ...
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Article
Moody’s upgrades Amer Sports’ outlook on 29% growth, led by China
Amer Sports booked solid sales growth of 29 percent in the first nine months of 2019 and reduced its debt, according to Moody’s, prompting the rating agency to raise its outlook from stable to positive for the parent company of Arc’teryx, Salomon, Wilson, Peak Performance, Suunto and Atomic, which has ...
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Infographics & DataThe largest Sports Equipment Brands 2020
This chart shows the revenue development of the 41 major global sports equipment brands in 2020 vs 2019. The chart and data can be downloaded. This is exclusive data and analysis for Premium Members.
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AnalysisMarket Analysis: The sports equipment market
This is an exclusive, yearly statistic only available for subscribers of SGI Europe. It includes revenue and market share development of the major global sports equipment brands including breakdown by region.
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ArticleAnta's sales go up by 55.5%, profits more than double in H1
Anta Sports Products saw revenues jump by 55.5 percent to 22,812 million yuan renminbi (€2,999m-$3,524m) in the six months ended June 30, supported by strong growth in all brands and benefiting from the easing of Covid-19 restrictions. Like other Chinese sports companies, Anta has also seen demand boosted amid government-backed ...
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ArticleSporting goods stocks jumped by 26.65% in Q2
The average share price of the sporting goods sector grew by 26.65 percent between March 31 and June 30, accelerating from the 10.9 percent growth recorded in the first three months of this year. As usual, the public companies in this sector scored much better than all the major stock ...
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Article
Moody’s upgrades Amer Sports’ outlook
Providing some interesting figures on Amer Sports’ latest performance and some interesting projections, Moody’s has changed its outlook for the company from negative to stable. However, it maintained an overall B3 corporate rating on Amer’s debt, feeling that its credit metrics will remain weak over the next 12 to 18 ...
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Article
White quits as president of Salomon
Amer Sports announced the immediate departure of Michael White as president of Salomon, indicating that he has decided to “pursue other interests” and adding that it has initiated an external search for a permanent successor. We were unable to find out about his new plans by the time of going ...
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Article
Anta’s president will run Amer Sports
Jie (James) Zheng, executive director and president of Anta Sports Products, is taking over the responsibilities of Heikki Takala, who has decided to resign from his role as president and chief executive of Amer Sports after ten years in the position. Takala, a former commercial director of Procter & Gamble, ...
