Anta Sports news and archive

Anta Sports reports double-digit growth in annual revenue and operating profit

Chinese sportswear provider Anta Sports Products Limited experienced strong growth in the 2025 financial year. According to an interim statement, revenue last year amounted to 80.2 billion Chinese yuan. This represented an increase of 13.3 percent compared to the previous year. The group stated that this allowed it to consolidate its “leading...

Retail

Anta to open first US store, doubling down on American market

Anta is doubling down on the US market with the opening of its first flagship store in the region. Days after the Chinese sportswear giant snapped up a majority stake in Puma, the company is now set to embark on a new journey; tackling the North American retail market. Located in Beverly Hills, the store will serve as Anta’s US brand hub and a...

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Business

Anta Sports becomes largest shareholder in Puma

Cayman Islands-incorporated Anta Sports has entered into a definitive agreement to acquire a 29.06 percent equity interest in German sportswear manufacturer Puma. The transaction, valued at 1.51 billion euros (1.79 billion dollars), positions the Chinese group as the largest shareholder in the Herzogenaurach-based company. Transaction details...

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Business

Asics denies media reports of Puma acquisition plans

Asics Corporation clarified recent media speculation suggesting interest in acquiring Puma. The company confirmed that these reports are unfounded. There are no discussions or plans regarding the acquisition of Puma. On Thursday, reports suggested that China's Anta Sports is among several firms considering a bid for the German athletic brand...

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Business

Takeover speculation sparks share price surge at Puma

Takeover rumors helped Puma shares achieve a spectacular price jump on Thursday once again. The share price, which has been disappointing in the stock market year 2025 so far, shot up by more than 17 percent to just under 20 euros. The gain recently stood at 15 percent. The Chinese group Anta Sports Products Limited (Anta Sports) is considering...

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Business

Sportswear: Chinese brand Anta makes its debut in France

Anta, a Chinese sportswear brand, is entering the French market with American basketball player Kyrie Irving, who is the ambassador and creative director for a sneaker range named Hélà. The French sportswear market appears to be attracting foreign investors. Following the announcement by Czech retailer Footshop of its plans to enter France,...

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Business

Arc’teryx apologises for Tibetan firework stunt after backlash

Arc’teryx, an outdoor clothing brand partially owned by Chinese firm Anta Sorts, has issued an apology after receiving backlash over a promotional event that saw the eruption of multiple fireworks in the Himalayan region of Tibet. The ‘Rising Dragon’ show involved the use of choreographed pyrotechnics and coloured smoke along the Tibetan plateau...

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Business

Anta Sports: Jack Wolfskin parent company achieves sales increase, raises investments

Chinese apparel and sporting goods group Anta Sports Products Limited recorded another sales increase in the first half of the 2025 financial year and added Jack Wolfskin to its portfolio. The parent company of brands such as Fila and Anta increased sales by 14.3 percent to 38.5 billion yuan (4.6 billion euros) in the first six months, compared...

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Business

ABG refutes claims of selling Reebok to Anta Sports

Authentic Brands Group (ABG) has dismissed rumours of a potential sale of its Reebok brand to the Chinese company Anta Sports. According to an internal memo obtained by Footwear News, ABG has no intentions of divesting the brand. The memo states, “Authentic has no plans to divest Reebok - not now, not ever,” and affirms the company's commitment...

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Business

Anta sports remains on growth course in first half

Chinese trading group Anta Sports Products Limited (Anta Sports) increased its retail revenues in key segments in the first half of the 2025 financial year. This was according to an interim statement published by the company on Tuesday. No specific figures were disclosed, however. Revenue contributions from the German outdoor supplier Jack...

People

Jack Wolfskin: Matthew Jung steps down as CEO

Jack Wolfskin will continue without CEO Matthew Jung. Jung left the outdoor outfitter after three and a half years, one and a half of which he spent as chief executive officer, as Jack Wolfskin confirmed to FashionUnited upon request. The former CEO left at his own request to pursue new professional opportunities outside the company. Jung’s...

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Business

Jack Wolfskin acquired by Anta Sports for 260 million euros

German outdoor outfitter Jack Wolfskin is getting a new owner. The US-based group Topgolf Callaway Brands Corp. announced on Thursday that it intends to sell the brand to the Chinese sporting goods group Anta Sports Products Limited. A corresponding agreement has already been signed for a basic purchase price of 290 million dollars, which could...