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.
In the second quarter of 2024, Anta brand retail sales recorded high single-digit growth year-on-year.
In March and April 2024, Luxe.CO Intelligence covered a total of 671 brand activities of 464 sports and outdoor brands in the Chinese market.
The Group’s pattern of “deep plowing in China” and “going overseas” has been taken into account.
From February 1, 2024, to March 14, 2024, Luxe.CO 【Sports and Outdoors Brand List】recorded the latest 30 brand activities.
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!
Nike, adidas, Under Armour, On, ANTA, and Li-Ning, among these six major sports brands, have all been consistently focusing their efforts on top-tier products, particularly in the realm of technologically advanced footwear.
