Rajiv MenonFashion
Anta Sports Lifts First-Half Revenue 12.9% to $6.1 Billion
Outdoor labels Descente and Kolon Sport led expansion with a 44.2 per cent sales surge while the flagship Anta brand grew at a more modest 4.8 per cent pace.
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amer sports
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Maria SantosFashion
Finland’s Amer Sports gets US$5.3 billion bid interest from China’s Anta
China’s Anta Sports has lodged a US$5.3 billion bid for Amer Sports, which owns Salomon, Wilson, Arc’teryx, Suunto, Peak Performance and Precor, among other brands. Anta Sports has teamed with Hong Kong-headquartered private-equity group FountainVest partners…