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…
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…
Xtep races to cut loose money-losing brands
The sports apparel maker will sell the entity that owns K-Swiss and Palladium just five years after acquiring the brands to take them off its books Key Takeaways: Xtep will…
Is 361 Degrees’ kid power losing momentum?
The sportswear retailer’s second-quarter update shows that growth is slowing in its children's sportswear business that has been a recent focal point Key Takeaways: 361 Degrees said its kids-branded products…
FAST NEWS: Li Ning’s e-commerce sales jump in first quarter
The Latest: Sportwear retailer Li Ning Co. Ltd. (2331.HK) announced Monday its retail sales, excluding the Li Ning Young sub-line, recorded low-single-digit year-on-year growth in the first quarter. Looking Up: The company’s e-commerce…
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…
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…