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Anta Group Sets Five-Year Growth Plan | SGB Media Online

Anta Group Sets Five-Year Growth Plan Anta Group announced five-year strategic targets and a 24-month acceleration plan “Lead to Win” for its Anta brand. Under its five-year strategic targets, Anta plans to achieve a compound annual growth rate (CAGR) of retail sales of the next five years of 18 to 25 percent. Online sales are expected to expand at a CAGR of over 30 percent and account for 40 percent of total retail sales by 2025. The five-year plan calls for a focus on expanding stores revenues in first-, second- and third-tier cities in China so that they contribute to over 50 percent of total retail sales by 2025. Anta also plans to double the number of stores in shopping centers; increase overall market share by 3 to 5 percentage points, and maintain Anta’s leading position in Chinese sports brands.

Sportswear brand Anta seeks up to 25% compound annual growth

Sportswear brand Anta seeks up to 25% compound annual growth
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Anta Presents Team China s High-tech Podium Uniform for Tokyo Summer Olympics

Anta Presents Team China s High-tech Podium Uniform for Tokyo Summer Olympics Chinese sportswear brand Anta presented Team China s podium uniform for the Tokyo Olympics, called Champion Dragon Clothes on June 25 in Beijing. BriefingWire.com, 7/03/2021 - BEIJING, July 1, 2021 - (ACN Newswire) - The uniform is designed by Tim Yip, also known as Ye Jintian, the renowned art director, visual artist and Oscar winner for best art design. According to Ye, the uniform combines Chinese traditional cultural icons, beauty and advanced sportswear technologies. The designer said he hoped to show the beauty of Chinese culture in the most creative design language to the world.

Sportswear firms performance wins investor hearts--China Economic Net

Shares of Chinese mainland sportswear-makers such as Anta and Li Ning rose in Hong Kong this week on recent forecasts of positive first-half financial results.   Both revenues and profits of such companies are expected to rise on the back of increased consumption propelled by improved innovations to attract culturally-conscious consumers.   Anta Sports closed at HK$182.8($23.5) on the Hong Kong stock exchange on Wednesday, representing a whopping 50 percent surge from the levels seen six months ago.   Anta s market value reached HK$494 billion, closely following that of global sportswear market leader Adidas.   Li Ning closed at HK$94.8, representing a massive 70 percent rise from the beginning of this year, with market value reaching HK$236 billion.

Sportswear firms performance wins investor hearts

Sportswear firms performance wins investor hearts By WANG ZHUOQIONG | CHINA DAILY | Updated: 2021-07-01 09:26 Share CLOSE A man walks past a store of Chinese sportswear firm Anta Sports at a shopping mall in Beijing, March 25, 2021. [Photo/Agencies] Shares of Chinese mainland sportswear-makers such as Anta and Li Ning rose in Hong Kong this week on recent forecasts of positive first-half financial results. Both revenues and profits of such companies are expected to rise on the back of increased consumption propelled by improved innovations to attract culturally-conscious consumers. Anta Sports closed at HK$182.8($23.5) on the Hong Kong stock exchange on Wednesday, representing a whopping 50 percent surge from the levels seen six months ago.

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