The global leap: Chinese biopharma, athletic brands dip toes in global waters
"To out-license drugs is a very handy and clever way for a win-win… but in terms of acquiring the businesses, that's going to be really tough." – Bradley Burgess Key…
GoNature treks to Hong Kong in search of investor dollars
The budget outdoor wear seller and IPO candidate is growing fast, but comes with red flags in the form of high inventories and long turnover times Key Takeaways: GoNature has…
NEWS WRAP: Arc’teryx apologizes for controversial Himalaya fireworks show
The sportswear maker’s ‘Rising Dragon’ show in the world’s highest mountain range sparked ecological and cultural backlash, prompting apologies and an official probe By Lee Shih Ta A controversial…
China’s ‘consumption downgrade’ trips up Anta
The leading sportswear maker said sales of its premium Fila brand began to contract in the third quarter, while its core Anta brand continued to grow Key Takeaways: Anta said…
FAST NEWS: Amer Sports’ revenue jumps on big leap in China
The Latest: Amer Sports Inc. (AS.US), the international unit spun off by sportswear maker Anta Sports (2020.HK), reported Tuesday that its revenue rose 13% to $1.18 billion in the first quarter of 2024, as…
Amer Sports aims to score another group winner after Fila jackpot
Amer Sports, spun off from Anta Sports, went public on the New York Stock Exchange on Feb. 1 Key Takeaways: Amer Sports reported revenue growth of 61% last year in…
FAST NEWS: Amer Sports rises in New York trading debut
The latest: Shares of Amer Sports Inc. (AS.US), the international sports unit spun off by Anta Sports (2020.HK), opened at $13.40 in their Friday trading debut on the New York…