The Chinese sportswear brand has outpaced other major players in half-year earnings growth, benefiting from competitive pricing as consumers hunt for bargains and prioritize spending on children.

361 Degrees sprints ahead of rivals in earnings race

The Chinese sportswear brand has outpaced other major players in half-year earnings growth, benefiting from competitive pricing as consumers hunt for bargains and prioritize spending on children Key Takeaways: 361…
361 Degrees is one of China’s top four sportswear brands, alongside Li Ning (2331.HK), Anta (2020.HK) and Xtep (1368.HK), and focuses on smaller second- and third-tier cities that tend to be less profitable than major urban centers.

FAST NEWS: Growth slows for 361 Degrees’ kids products

The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew by a “high-teens” percentage in this year’s first quarter year-on-year, according to a business update…
Anta opens store in Thailand

Anta Sports takes its game to Southeast Asia

A store opening in Bangkok marks the latest milestone for the sports apparel giant’s quest to tap international markets Key Takeaways: After setting up a Southeast Asian department just last…

361 Degrees leaves Covid behind in post-pandemic sprint

The sportswear maker's sales growth accelerated in the first quarter following the end of China’s Covid restrictions in December Key Takeaways: 361 Degrees recorded low double-digit revenue growth for its…