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…
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…
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…
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…
BRIEF: 361 Degrees’ main brand sales up 10% in third quarter
Sportswear maker 361 Degrees International Ltd. (1361.HK) announced on Monday that retail sales for its namesake brand rose about 10% year-on-year in the third quarter, while its kidswear segment also…
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