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Anta Sports Products, a leading sports company based in China, announced on Tuesday that it plans to acquire a 29.06 percent share in Puma from the Pinault family. The deal, worth 1.5 billion euros (approximately US$1.8 billion), will make Anta the largest…
China-based sporting goods company, Anta Sports Products, has proposed to purchase a 29% stake in Puma, the struggling German sportswear manufacturer, from the French Pinault family, according to insiders familiar with the negotiations. Anta Sports submitted…
Anta Sports Products, a prominent Chinese sportswear manufacturer, is reportedly considering the acquisition of German sportswear brand, Puma. It’s understood that Anta, listed on the Hong Kong stock exchange, is currently working with an adviser to examine…
Anta Group, a Chinese sportswear company, has announced its goal to reach a total of 1,000 stores in Southeast Asia within the next three years. Currently, the group operates almost 13,000 stores globally, including more than 200 in Southeast Asia. These…
Chinese sportswear brands Anta has launched its first brick-and-mortar store in Thailand as part of its expansion plan in the Southeast Asia market. Located in Bangkok’s CentralWorld, the store covers an area 230sqm, embraces the Thai culture, and features…
Anta Sports Products is planning more than 1000 new stores this year after revealing another record profit. The Hong Kong-listed Chinese sports apparel and footwear manufacturer operates more than 11,600 stores in Greater China and beyond under its own Anta…
A government-backed campaign to encourage healthy living is helping give Chinese sports brands traction again in the domestic consumer market. After three tough years with the slowing economy and over-expansion following the Beijing Olympics in 2008, the…
