Li Ning responded, “For investors, I will consider any plan that can increase investor returns.”

“Luxury brands have now entered the sportswear field. In the Chinese market, sports footwear brands must offer new and better experiences and products.”

Jonathan Cheung has 30 years of senior experience in creative and business leadership.

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!

Saucony became the first profitable new brand under the Xtep Group in the first half of 2023.

“If Adidas wants to win over more consumers, we need to introduce more mass-market (go down) products without losing high performance,”

Lululemon is expected to open approximately 55 new stores globally in the 2023 fiscal year, with the majority of them planned for China.

Over the past 12 months, the Swiss Franc has appreciated by 7.9% against the US Dollar, and the Swiss Franc to Euro exchange rate is also approaching historic highs. The strength of the Swiss Franc is poised to weaken On’s sales in the United States, Europe, and other regions later this year.

CEO Bjørn Gulden stated that Adidas is expecting to achieve profitability in the years 2025 and 2026.

The Greater China region recorded a remarkable 24% year-on-year growth, which, when calculated at a fixed exchange rate, increased by 31%. This growth played a pivotal role in leading the Asia-Pacific region to achieve a further 13% overall increase.