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ArticleSwipe left, buy Local: the Douyin athleisure takeover
Grandparents with 34 million Douyin followers, a $910 billion silver economy, and a guochao generation rewriting who buys local activewear, and why.
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ArticleLi-Ning signs Curry. The game changes. Our analysis.
A $400m+ deal with Stephen Curry caps a multi-year push by Li-Ning to break out of China. Here’s what the strategy actually looks like.
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News briefs5 takeaways from Li Ning’s Q1 2026
Li Ning’s Q1 adult retail growth landed at the bottom of analyst forecasts, sending Hong Kong shares 3.7% lower on Thursday.
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News briefs361 Degrees Q1: offline holds, digital leads
China’s 361 Degrees posts 10% offline growth in Q1 2026, with e-commerce retail sales advancing at mid-double-digit pace.
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PDF NewsletterSGI Europe Executive Edition: Vol 37 - 11+12
Newton Golf nearly triples sales but operating losses deepen | Decathlon, JD Sports and lululemon make NRF global top | Column: The future of visibility isn’t Google – it’s the prompt | Frasers Group’s AI assistant claims 25% conversion gain over search | Dick’s targets 250 Foot Locker remodels by back-to-school | What Oura’s Doublepoint deal signals for the future of wearables | Castore picks Ocula Technologies as its AI product content partner | Playlist-EGYM merger creates fitness tech giant valued at $7.5bn | Women’s elite sports revenues to top $3bn for the first time, Deloitte says | TrusTrace’s One Retail Hub cuts fashion compliance burden by 70% | Worldly joins Green Sports Alliance to tackle supply chain impact | Odlo earns Fair Wear Leader status two years ahead of schedule
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ArticleAnta extends its lead in 2025 with record revenue and a 23.8% margin
Thanks to a multi-brand strategy: China’s market leader increases revenue and strengthens its position in the sporting goods market.
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ArticleLi Ning profit beats estimates and shares rally
Revenue up 3.2% but net profit fell 2.6% in 2025. Analysts flagged a near-9% earnings beat driven by lower-than-expected selling costs.
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PDF NewsletterSGI Europe Executive Edition: Vol 37 - 3+4
Q3 2025 Scorecard: Sporting goods winners & losers | Bicycle industry stocks in 2025: a struggling sector | VF Corp. posts Q3 growth as The North Face and Timberland lead performance | German retail giant Sport 2000 outpaces market with 9% growth in 2025 | JD Sports posts mixed Q4 as Asia grows while Europe falters | Anta Sports reports mixed Q4 results as FILA drives growth | Li Ning stock gains 4.4% on improved revenue and margin outlook | ANTA Sports finalizes €1.5bn deal for 29% of PUMA SE | Wilson seizes leggings failure to escalate Lululemon proxy fight | Moncler taps Bottega Veneta chief as new CEO, Remo Ruffini becomes Chairman | On Holding hires Frank Sluis as new CFO to strengthen global expansion | Arc’teryx appoints Avery Baker as Chief Brand Officer, Tobia Prevedello as GM EMEA | Nike reshuffles geography leadership as China turnaround becomes urgent | NRF 2026: Agentic AI reshapes sporting goods retail strategy | JD Sports partners with Checkpoint Systems for global RFID rollout
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ArticleLi Ning shares surge on improved 2025 outlook
Li Ning shares surged 4.4% in Hong Kong as investors look past a low-single-digit decline in Q4 retail sales toward an improved 2025 forecast.
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AnalysisAnalysis: Industry stocks tumble 14% in 2025
Public sporting goods companies lost $67bn in aggregate market value in 2025 as tariff fears and operating challenges sent valuations down 14.3% on a weighted basis.