All Anta Sports articles
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ArticleSprandi poised for comeback in Russia
Sprandi, a once iconic brand in the Russian market, can reportedly resume sales in the country after almost two decades of absence. At the end of 2023, a local wholesale supplier, A Sport, obtained several certificates of conformity from a Russian technical regulator, allowing it to sell sporting shoes under ...
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ArticleAnta Sports’ FY23 operating profit rises 45 percent
Anta Sports, bolstered by double-digit sales gains for its Anta and Fila brands, a retail market recovery in China, and increases in both its wholesale and DTC businesses, reported a 45 percent improvement in annual profit attributable to shareholders at 10,954 million yuan renminbi (€1.4bn) for the 12 months ended ...
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Infographics & DataFull list: Global sporting goods industry stock market performers
How did the sporting goods industry do in 2023? Download our list of the 86 stock-listed sporting goods companies and their results from last year.
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News briefsAmer Sports raises $1.365 billion in NYSE IPO
Amer Sports, the parent company of Arc’teryx, Salomon, Wilson and other brands, raised $1.365 billion in its IPO on the NYSE through the sale of 105 million shares, 24 percent below the $1.8 billion the company had originally planned to raise. Nonetheless, yesterday’s IPO valued Anta Sports at $6.5 billion, ...
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ArticleAmer Sports looks to raise $1.8bn from IPO
Amer Sports, the parent of Arc’teryx, Salomon, Atomic, and Wilson, aims to sell 100 million shares for a listing on the New York Stock Exchange next week at an opening price of $16 to $18 per unit. The group, which will trade under the “AS” ticker, will float approximately 26 ...
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News briefsSports industry is driving urban development in Jinjiang in southeast China
The city of Jinjiang in southeast China’s Fujian Province has made great efforts in recent years to promote the integrated development of culture, sports and tourism and establish itself as China’s sports capital at the earliest opportunity. After four years, the 2023 International University Sports Federation (FISU) University Football World ...
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News briefsAnta Sports buying majority stake in women’s activewear firm
Anta Sports is taking action to acquire an approximate 75 percent stake in Mayiya Clothing (Shanghai) Co., Ltd. for an undisclosed sum. The company, founded in 2016, markets the Maia Active sportswear brand for Asian women with a principal focus on the yoga sports category. Anta sees the acquisition bolstering ...
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News briefsAmer recovers in Spain
After two years of dips, Amer Sports Spain seems to have inverted the curve in 2022, falling just shy of the €60 million or so in revenues it was generating before the lockdowns came into force. According to the VAT-free figures that CMDsport has gathered from Spain’s commercial register, the ...
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News briefsAmer Sports confidentially files for IPO
Amer Sports, the Finland-based company controlled by Anta Sports and parent of Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Armada and other brands, has confidentially filed for an initial public offering in the USA to offer between $1 and $3 billion of its equity, Bloomberg reports, citing sources familiar with the ...
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News briefsAmer reports best H1 since acquisition by Anta
Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...
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ArticleAnta Sports gets H1 sales lift from all segments, brands
Anta Sports Products Ltd. achieved a 32 percent increase in H1 operating profit to 7,623 million yuan renminbi (€1.02bn) for the six months ended June 30. Gross margin improved by 130 basis points to 63.3 percent from 62.0 percent, while profit attributable to shareholders increased by 40 percent to RMB ...
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News briefsAnta’s board becomes (a bit) more diverse
Anta Sports announced that to achieve “a greater balance of gender diversity and expertise” among board committee members and to also align the group’s management structure with its strategic direction, changes are being made to the composition of its remuneration, nomination, risk management and sustainability committees. As a first change, ...
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Article
Amer Sports gets upgraded by S&P Global
Amer Sports, the parent of Arc’teryx, Salomon and Wilson brands, last week received an upgrade on its credit rating to B+ from B and a stable outlook from S&P Global. The credit rating agency, which is projecting revenue growth of 17 to 18 percent for Amer this year and 8 ...
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News briefsAnta Sports and Alibaba among first companies to introduce HKD-RMB Dual Counter Model
The Hong Kong Exchanges and Clearing Ltd (HKEX) officially launched the “Dual Counter Model” for Hong Kong Dollar (HKD) and Yuan (RMB) on June 19. This is intended to strengthen Hong Kong’s role as an international financial center by bringing more liquidity and vitality to the stock market. Anta Sports ...
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News briefsAnta Sports receives several awards in Asia
Anta Sports Products Ltd, the parent company of Anta, Fila, Descente, Kolon Sport and the Amer Sports group, announced that it has received several prestigious awards in the areas of corporate governance, investor relations and sustainability. Most notably, Anta Sports was named “Best Managed Companies in Hong Kong - Consumer ...
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Infographics & DataChinese consumer preferences
McKinsey sees a Chinese market with “robust underlying demand.” But what leads to consumers’ preference for local over international brands?
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News briefsAnta Sports publishes Supplier Sustainability Management Handbook
Chinese group Anta Sports has published its Supplier Sustainability Management Handbook, a 97-page document that “applies to all suppliers and their subcontractors relating to production, processing, storage, and distribution of brand products under Anta Sports.” The document includes a series of guidelines to ensure compliance with the ...
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News briefsChinese firms offer Q1 business updates
Anta Sports Products Limited reported sales increases for all businesses for the period ended March 31. Revenues for Anta branded products rose by mid-single digits year-over-year; Fila brand sales increased by high-single digits year-over-year; and all other brands generated 75 to 80 percent year-over-year sales growth in the period, the ...
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ArticleAnta Sports Products publishes ESG report 2022
Anta Sports Products Limited, owner of companies Fila, Descente and the Amer Sports group, including Atomic, Arc’teryx, Salomon and others, besides its own Anta brand, has published the 2022 ESG report for Anta that touches a broad range of operational and financial topics on 132 pages. The ...
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ArticleAnta’s FY profit is flat despite revenue expansion
Anta Sports Products, forced to cope with pandemic-related policies that negatively impacted store foot traffic and consumer sentiment across China for most of 2022, reported 8.8 percent growth last year to 53,651 million yuan renminbi (€7.58bn) on a flat net profit of RMB 8,245 million (€1.17bn) against RMB 8,219 million. ...
