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…
361 Degrees sprints ahead of retail rivals with stablecoin exploration
The sportswear seller announced it is researching the potential for accepting stablecoins as payment as Hong Kong experiments with the cryptocurrency type Key Takeaways: 361 Degrees announced it is exploring…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
BRIEF: Authentic Brands denies reports of Reebok sale to China’s Anta
An executive from Authentic Brands Group denied the company was in talks to sell its Reebok brand to Chinese sportswear company Anta Sports Products Ltd. (2020.HK), according to a media…
BRIEF: Anta to open first U.S. store in Beverly Hills
Leading sportswear maker Anta Sports Products Ltd. (2020.HK) is preparing to enter the U.S. market with a store in Los Angeles, extending its expansion outside China. The store is still…
Could consumer stimulus send Li Ning stock vaulting higher?
The sportswear maker’s gross margin rose by 1 percentage point last year as it boosted its dividend payout ratio to 50% Key Takeaways: Li Ning’s net profit declined last year,…
When patriotism lights a fire under stocks
The nationalistic forces that boosted ‘Ne Zha 2’ and DeepSeek have also lifted Chinese stocks. But are the gains sustainable after the excitement fades? By Lee Shih Ta The…
