Anta completes $1.7 billion purchase of 29% Puma stake
Sportswear company Anta Sports Products Ltd. (2020.HK) said on Wednesday it completed its 1.5 billion euro ($1.68 billion) purchase of 29% of German peer Puma SE from Artémis SAS, further…
Its stock eviscerated, Keep faces difficult road back to fiscal fitness
The fitness company’s online paid revenue plummeted in the first half of this year, as it increasingly relies on growing sales of branded fitness products Key Takeaways: Keep Inc.’s revenue…
CEO of Anta’s namesake brand resigns on weak performance
The head of Anta Sports Products Ltd.’s (2020.HK) namesake Anta brand has stepped down, following recent weak performance for the sportswear brand, Caixin reported on Wednesday. Anta brand CEO Xu…
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…
Xtep races ahead on Southeast Asia running craze
The company is building an overseas market for its running shoes, targeting 50% annual growth for that part of its business over the next three years Key Takeaways: Xtep has…
Chinese firms resume global dealmaking, as a top lender stalls
TCL is taking over Sony's home entertainment brand, while Anta has become Puma's largest shareholder. And China Merchants Bank has reported near-zero profit growth for 2025.
BRIEF: Anta brand slips into sales contraction in fourth quarter
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Tuesday that its Anta brand slipped into sales contraction in the fourth quarter, declining by a low single-digit amount in the…
