Dairy firms chase protein boom, but profits remain elusive
Sports nutrition has opened a new market for dairy firms, but repeat purchases and processing capacity will determine profitability By Lee Shih Ta From marathon running to muscle building,…
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…
BRIEF: Li Ning signs NBA superstar Stephen Curry, but investors unimpressed
Chinese sportswear giant Li Ning Co. Ltd. (2331.HK) announcedo n Tuesday that it has entered into a long-term partnership with NBA star Stephen Curry and his Curry Brand. Media reports…
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…
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…
BRIEF: Financing income decline drags down Li Ning profit
Sportswear seller Li Ning Co. Ltd. (2331.HK) on Thursday reported its annual revenue rose 3.2% to 29.6 billion yuan ($4.29 billion) last year, but its profit for the year slipped…
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…
