One thing is clear: On is not a luxury fashion brand, but a high-end athletic brand.
The Group’s pattern of “deep plowing in China” and “going overseas” has been taken into account.
Bjørn Gulden said, “Compared to 12 months ago, we feel much more confident about the Chinese market,” adding that China’s growth potential is “far higher than” the growth achieved in the full year of 2023.
Li Ning responded, “For investors, I will consider any plan that can increase investor returns.”
From February 1, 2024, to March 14, 2024, Luxe.CO 【Sports and Outdoors Brand List】recorded the latest 30 brand activities.
Allbirds co-founder Joey Zwillinger will retain his position on the board and serve as a special advisor to the company.
“Luxury brands have now entered the sportswear field. In the Chinese market, sports footwear brands must offer new and better experiences and products.”
The Asia/Pacific region led the growth with a 13.6% (ca) increase in sales.
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!
