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…
Sportwear brand 361 Degrees maintains its sales tempo
The retailer of sports shoes and athletic apparel posted double-digit growth in quarterly sales, despite broader market pressures and fragile consumer sentiment Key Takeaways: Offline sales of the main 361…
Anta takes aim at global big leagues with Puma bid
China’s leading sportswear brand has reportedly offered to buy 29% of the German brand, which, if successful, could give a big boost to its global aspirations Key Takeaways: Anta has…
BRIEF: Anta, Li Ning consider bids for Puma
Leading sportswear makers Anta Sports Products Ltd. (2020.HK) and Li Ning Co. Ltd. (2331.HK) are considering bids for German sport brand Puma, according to media reports, citing unnamed people familiar…
