James Zheng stated: “A high-quality retail network is far more important for long-term success than pursuing rapid expansion.”
Since publicly available records began in the first quarter of 2023, Amer Sports has consistently recorded revenue growth of over 40% in the Chinese Mainland.
Jack Wolfskin Anta Group has appointed John Yao as CEO […]
The Greater China region’s contribution to Amer Sports’ revenue increased to 23.1% in the third quarter of 2024, a significant rise from 8.3% in 2020.
Amer Sports, including the Arc’teryx brand, saw a 60% increase in revenue during the Golden Week in the Chinese Mainland.
During the reporting period, Anta Group strengthened its innovation and research and development efforts, with R&D investment reaching RMB 919 million in the first half of the year, marking a 35.7% year-on-year increase. The proportion of R&D expenses to revenue also rose by 0.4 percentage points compared to the previous year.
The valuation of Amer Sports is around $6.3 billion.
In the Greater China region, the Arc’Teryx self-operated retail stores boast a per-square-meter efficiency of over $2,000, which is twice that of North America!
ANTA Group’s subsidiary, Amer Sports, is officially making a push for the New York Stock Exchange, with Arc’Teryx representing nearly half of its revenue in the Greater China region!
ANTA Group’s net profit surges by 40% in the first half of the year!