Nike, adidas, Under Armour, On, ANTA, and Li-Ning, among these six major sports brands, have all been consistently focusing their efforts on top-tier products, particularly in the realm of technologically advanced footwear.
In the second quarter, PUMA’s sales increased by 11.1% year-on-year to 2.121 billion euros, and the Asia-Pacific region achieved growth of 24.4%.
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.
Meanwhile, in Q1, UGG® brand net sales decreased 6.0% from $207.9 million to $195.5 million.
Anta and FILA brands accelerate growth, DESCENTE and KOLON SPORT maintain high growth.
From July 1st, 2023, to July 15th, 2023, Luxe.CO Sports and Outdoor Brand Ranking compiled a total of 34 latest updates on 27 sports and outdoor brands/companies in the Chinese market.
Luxe.CO intelligence‘s new release: “On in […]
Prada will provide formal attire for the players and delegation of the China Women’s National Football Team for official occasions and travel purposes.
This acquisition will drive Kit and Ace towards a future marked by strengthening strategic plans, expanding market share, increasing brand activities, enhancing product supply, and augmenting resource investment.
Over the course of three years, Castore has achieved an impressive annual sales growth rate of 285.80%.
