Fast-growing Anta slows down its retail expansion

2012-02-28T00:00:00

Anta Sports, the Chinese sports brand, lifted its sales by 20.2 percent to 8,904.8 million renminbi (€1,051.4m-$1,411.8m) last year, outperforming the Chinese market. Yet the company emphasized that the country's sports industry was under pressure, with over-capacity and increasing discounts, which called for a more cautious approach in retail expansion.

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