Luxe.CO conducted this on-site visit on November 7, the first day of the anniversary celebration, as well as during the afternoon and evening of Saturday, November 9.
The brands selected for the Luxe.CO Intelligence Sports and Outdoor TOP 6 (September-October 2024) are: Arc’teryx, Goldwin, Lululemon, On, Salomon, and Wilson.
“Vertical Evolution Journey”
Amer Sports, including the Arc’teryx brand, saw a 60% increase in revenue during the Golden Week in the Chinese Mainland.
In the fiercely competitive sports and outdoor field, the four top cases of Li-Ning, Arc’teryx, Kolon Sport, and Vibram effectively illustrate two important trends: “tracing back to roots” and “breaking boundaries.”
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 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!
From December 16 to December 31, 2023, the 【Luxe.CO Biweekly Ranking】 compiled 40 updates from 30 luxury brands in the Chinese market.