Anta Sports news and archive

Anta-led Chinese consortium acquiring Amer Sports for 5.2 billion dollars

Amer Sports Corporation has confirmed a public cash tender to acquire the entire stake in the company’s business by a Chinese investor consortium led by Anta Sports Products Limited. The consortium has offered price under the tender offer of 40 euros in cash per Amer Sports share. Anta had, on September 12 made an all-cash offer to acquire Amer...

BusinessFeatured

China - Fashion & brand-savvy market holds big players

Propelled by an ongoing surge in e-commerce and mobile shopping, China is poised to surpass the US this year to become the world's largest retail market. In the light of this research by eMarketer, FashionUnited highlights the most interesting Chinese fashion names that have established a global presence and hold a promising future. Chinese...

Fashion

Anta Sports upbeat despite H1 profit decline

Anta Sports, Chinas largest sportswear company by market value, announced its first-half results on Tuesday. Though the net profit fell by almost 19 percent, the company stayed positive in view of the value of its order book, which grew for the first time in six quarters. The Jinjiang, Fujiang-based company reported a net profit of 625.7 million...