The core drivers behind Anta Group’s high-quality growth stem from increasingly refined performance across three dimensions: multi-brand synergy, retail operations, and globalization.
Luxe.CO conducted on-the-ground research at leading commercial complexes including Taikoo Li Chengdu, Chengdu IFS, and Chengdu SKP, bringing the latest insights into the developments of luxury and sports outdoor brands.
Chinese sports giant Anta Group (02020.HK) released its latest operational performance for the third quarter of 2024.
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 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 the second quarter of 2024, Anta brand retail sales recorded high single-digit growth year-on-year.
ANTA Group’s net profit surges by 40% in the first half of the year!
Over 50% of FILA’s footwear products are now packaged sustainably.
ANTA Group has achieved a staggering compound annual growth rate of over 25% in the past seven years.