ANTA Sports Products Archives - Inside Retail Asia

Anta Sports Products sales, profit surge

Anta Sports Products is planning more stores after another record profit.

Li Ning seeks more cash

China’s biggest sportswear brand Li Ning is planning to raise US$218 million to fund growth and restructuring. The company plans a share issue ata price representing a 21.92 per cent discount on the previous trading close, a move which saw its share value decline in subsequent trading. Li Ning is under relentless pressure from local rivals including ANTA Sports Products and international brands like Nike, adidas and Converse. While the company said the cash injection would “support …