News and insights about brands in the sporting goods industry – Page 394
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Anta has signed on eight athletes in the run-up to...
Anta has signed on eight athletes in the run-up to the Winter Olympics this Feburary in Vancouver: Yang Yang, short-track speed-skating and China’s first gold medalist in the Winter Olympics; Han Xiaopeng and Li Nina, freestyle skaters; Pang Qing and Tong Jian, and Zhang Hao and Zhang Dan, pair skaters; ...
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News briefs
The controlling shareholders of Anta Sports Products are selling 80...
The controlling shareholders of Anta Sports Products are selling 80 million shares at a price of 10 Hong Kong dollars (€0.87-$1.29) each. That’s 3.2 percent of the company’s share capital. Anta said they were doing it as part of their asset management plans as well as to help start a ...
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Anta Sports Products has hired Zheng Jie, the former head...
Anta Sports Products has hired Zheng Jie, the former head of sales for Adidas China and former general manager of Reebok China, to be its new executive director.
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K2 Sports has given $35,000 worth of merchandise to disadvantaged...
K2 Sports has given $35,000 worth of merchandise to disadvantaged children attending the Vancouver Winter Games in 2010.
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Article
Anta’S Half Looks Good All Around
Anta Sports Products of China had a big 27.7 percent surge in sales to 2.82 billion renminbi (€289.8m-$413.4m) for the first half of the year. The net profit was up by 40.1 percent to CNY608 million (€62.5m-$89.1m), boosted by lower marketing expenses and a drop in the cost of shoe ...
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Belle Sells Chinese Fila Assets To Anta
Belle International Holdings, which is performing better in street shoes than in sports apparel, is transferring most of its Fila properties in China, Hong Kong and Macau to Anta Sports Products for 314 million renminbi (€32.3m-$46.0m). Anta, whose results grew strongly in the first half of this year ...
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Anta Takes Olympic Deal From Adidas
In a new four-year deal, Anta is the new exclusive supplier for the Chinese Olympic teams for 2010 and 2012. The $17.5 million deal includes other competitions as well, such as the Summer and Winter Youth Games, the Asian Games and the East Asian Games. Anta replaces Adidas as the ...
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Article
Macintosh Holds Firm Despite Brantano Effect
Macintosh Retail Group, owner of Pro Sport stores in the Netherlands, managed to roughly uphold the sales of its fashion division last year excluding the acquisition of Brantano, the Belgian and British shoe retail chain. The division lifted its sales to €612.8 million, up from €339.2 million in 2007, and ...
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Huge Sales Increase For A Chinese Company, Anta
Revenues for the year ended Dec. 31 increased by a staggering 54.8 percent to 4,626.8 million renmimbi (€532.6m-$677.3m) for Anta Sports Products, a Chinese company that designs, develops, manufactures and markets sportswear. Gross profits were also up by 84.9 percent to RMB 1,848.6 million (€212.8m-$270.6m). Footwear and apparel ...
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News briefs
The Chinese athletic brand Anta saw sales increase by 50...
The Chinese athletic brand Anta saw sales increase by 50 percent in the first half of this year to about $320 million, but experts have said that if it wants to realize its goal of being China’s top sportwear brand, it needs to increase its ad spending and emphasize its ...
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100-year-old Luhta Sponsors Santa Claus
Luhta, the oldest and best known brand of Finland’s L-Fashion Group, has secured the rights to act as official supplier of clothing to Santa Claus, who is supposed to live in Rovaniemi, a little Finnish town along the Arctic Circle where he has his own postal office to handle more ...
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News briefs
Brantano, the leading Belgian shoe retailer that is to be...
Brantano, the leading Belgian shoe retailer that is to be acquired by Macintosh Retail Group in the Netherlands, has adjusted its full-year forecasts upwards after a strong performance in the 3rd quarter. The company’s recovery in the UK appears to be well under way, with positive growth in comparable sales ...
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Article
Macintosh Offers To Buy Brantano
Brantano, a large-scale player in Belgian and British footwear, is likely to be bought in the next weeks by the Macintosh Retail Group, a Dutch retailing conglomerate selling footwear as well as cycling, furniture and telecom products. Among other measures, Macintosh plans to optimize joint buying of sports footwear: The ...
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Anta Triples Sales
Anta Sports Products, which claims a 3.2 percent share of the Chinese sports footwear and apparel market; is yet another big Chinese producer/wholesaler/retailer involved in the sporting goods market that went public recently, in the wake of Belle International and other such companies. Anta says its turnover jumped by 203 ...
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Amer Sports reports that Ajanta Oy has raised its interest...
Amer Sports reports that Ajanta Oy has raised its interest in the company to more than 5%.
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Anta Sports Products, a Chinese manufacturer and distributor of apparel...
Anta Sports Products, a Chinese manufacturer and distributor of apparel for Adidas, Reebok and Kappa, plans to go public on the Hong Kong Exchange, selling 600 million shares offered at HK$4.28-5.28 and raising a maximum of $460 million. The company plans to use proceeds of the initial public offering (IPO) ...
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Article
Blacks Antagonizes Suppliers
Several weighty suppliers are terminating their relationships with Blacks Leisure, apparently due to some tightened purchasing conditions that the British outdoor retailer sought to impose earlier this year in an effort to redress its sagging margins. Mountain Boot Co., the British distributor for Deuter backpacks and Scarpa climbing shoes, ...
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Merrell opens its second U.S. retail outlet, located in Atlanta....
Merrell opens its second U.S. retail outlet, located in Atlanta.
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News briefs
Molten’s Acentec Vantaggio football becomes the new match ball of...
Molten’s Acentec Vantaggio football becomes the new match ball of the Kent Football League and the recommended match ball of the Middlesex Country Football League in the UK.