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…
Xtep’s profit dips 10% on slipping revenue, rising costs
Sportswear maker Xtep International Holdings Ltd. (1368.HK) on Tuesday reported its revenue edged down 0.6% year-over-year to 6.8 billion yuan ($1.1 billion) in the first half of 2026, while its…
Nike ends online sales authorization for Topsports, dealing major blow
Sportswear retailer Topsports International Holdings Ltd. (6110.HK) announced on Wednesday that it was formally notified by Nike after market close on Tuesday that it will no longer be authorized to…
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…
Topsport sales sag in latest fiscal quarter, as its shares tumble on Nike reports
Sportswear seller Topsport International Holdings Ltd. (6110.HK) said on Thursday that sales for its retail and wholesale operations registered a low-teens decline in the three months through May 31, the…
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…
