In the first quarter, export value increased by 1.4% year-on-year to CHF 6.2 billion, with several major markets appearing to have bottomed out.
Revenue in Asia Pacific increased by 14% year-on-year (+22% at constant exchange rates) to EUR 380.8 million, making it the Group’s largest market, with particularly outstanding performance in the Chinese Mainland and South Korea.
Sephora China’s transition from deep adjustment to emerging signs of stabilisation reflects, to a considerable extent, the recovery process underway in China’s premium beauty retail market.
The Group forecasts that full-year 2026 revenue will grow by 10% at constant exchange rates.
Guided by the “Single Focus, Multi-Brand, Globalisation” strategy, Anta Group has built competitive advantages of “winning through products and winning through operations.”
Greater China’s earnings before interest and taxes (EBIT) increased 11% year-on-year to $467 million.
China Tourism Group Duty Free has completed the acquisition of DFS’s Greater China retail business.
In 2025, Lao Pu Gold’s overseas revenue reached RMB 3.942 billion (USD 548 million), representing a substantial year-on-year increase of approximately 361.0%, with its share of total revenue rising to 14.4%.
Li Ning’s Results Meet Market Expectations, Shares Jump Over 8% in a Single Day
The Group’s profitability improved in the second half of 2025.
