All Anta Sports articles

  • Amer_Sports_Logo.svgz
    News briefs

    Amer Sports with best H1 since acquisition by Anta Sports

    2023-08-23T07:31:00Z

    Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...

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    Article

    Q2 Bicycle Industry Stock Chart: Long-term outlook forecasts full recovery

    2023-07-04T08:21:00Z

    In the current economic environment, the stock market – regardless of the sector – continues to be on a rollercoaster ride. This also applies to the bicycle stocks monitored by The Outdoor Industry Compass.

  • Enve Components Logo
    News briefs

    Amer’s Enve Composites has a new GM

    2023-01-30T09:15:00Z

    Source: Enve Composites Mike Stimola, Enve’s new GM U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year. Under Venz, who joined Enve in 2005 ...

  • Anta_Logo
    Article

    Anta CEO hands over duties while group reshuffles management positions

    2023-01-20T13:56:00Z

    To facilitate the implementation of the group’s “multi-brand” and “globalization” strategies, Anta Sports separated the roles of chairman and CEO and implemented several other executive changes.

  • News briefs

    Anta is weighing up IPO of Amer Sports

    2022-12-07T14:50:00Z

    Anta Sports is considering an initial public offering (IPO) of Amer Sports, Bloomberg has reported, drawing its information from people familiar with the matter who asked not to be identified. Amer Sports includes brands like Wilson, Arc’teryx, Salomon, and Atomic. The company and its co-investors are holding preliminary negotiations with ...

  • ANTA-logo-and-wordmark
    News briefs

    Anta to build international operations center in Suzhou

    2022-09-23T15:15:00Z

    Sports group Anta, headquartered in China’s Fujian province, is planning to build an international operations center in the city of Suzhou, the trade publication Sportstextiles has reported. The new 160,000-square-meter center will be built within the China–Singapore Suzhou Industrial Park, also known as Suzhou Industrial Park. The total investment will ...

  • pexels-tima-miroshnichenko-7567522
    Article

    Bicycle Stocks Q2 2022: Russia’s invasion causes market low

    2022-07-07T12:24:00Z

    After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.

  • absolutvision-uCMKx2H1Y38-unsplash
    Article

    Outdoor and bike industry stocks rose by 3.0% in Q4

    2022-01-13T11:58:00Z

    Our quarterly analysis of the outdoor stock market shows a 3.0 percent sequential increase in the average stock prices of 32 public companies primarily involved in the outdoor and bicycle sectors between Sept. 30 and Dec. 31, 2021. This came after increases for most of the same companies of 18.9 ...

  • Arcteryx-logo
    News briefs

    Arc’teryx launches first winter edition of its academies in Europe

    2021-12-22T07:10:00Z

    Canadian brand Arc’teryx is implementing its Arc’teryx Academy concept (first and foremost known from its yearly summer Alpine Academy event in Chamonix that was the first of the event series) to a winter edition in Europe for the first time. From Feb. 18 to 20, the “Arc’teryx Academy: freeride” premiere ...

  • Anta_Logo
    News briefs

    Anta Sports’ sales grow in Q3

    2021-10-19T16:00:00Z

    China’s Anta Sports, which does not provide full financial results for odd-numbered quarters, announced in an operational update that retail sales of its core Anta brand grew in the low double-digit range in the third quarter compared to low single-digit growth in the third quarter of the previous year. Fila, ...

  • pexels-burak-kebapci-187041
    Article

    Outdoor industry stocks declined by 6% in Q3

    2021-10-08T07:26:00Z

    Public companies involved in the outdoor and bike sectors saw their average share value decline by 6.0 percent between June 30 and Sept. 30 of this year, after rising by 18.9 percent during the first quarter and by 13.8 percent during the second quarter. The sector performed a little better ...

  • AT Logo
    News briefs

    Arc’teryx hires Chris Pelyk as new VP Store Development

    2021-10-05T10:02:00Z

    Source: Arc’teryx Chris Peylk, VP store development at Arc’teryx Chris Pelyk has been appointed vice president of store development at Arc’teryx. In his career, Pelyk has worked for several big brands in the development, design, and strategic planning of retail concepts, mainly in Asia. Among the companies ...

  • Anta_Logo
    Article

    Anta’s profits more than double in H1, Amer bounces back

    2021-08-25T05:58:00Z

    Anta Sports Products saw revenues jump by 55.5 percent to 22,812 million yuan renminbi (€2,999m-$3,524m) in the six months ended June 30, supported by strong growth in all brands and benefiting from the easing of Covid-19 restrictions. In addition to a surge in demand related to the Xinjiang issues, e-commerce ...

  • ARCLOGO_-_Bird_highres
    News briefs

    Arc’teryx rebrands Icon Stores, opens new NYC location

    2021-07-19T08:08:00Z

    Located at the Upper West Side in New York, Arc’teryx Equipment has just opened a newly rebranded micro-store concept called Arc’type, centered around the brand’s most renowned designs. “The Arc’type store is a smaller store concept that features the Arc’type curated selection: 22 of the brand’s most noteworthy items,” said ...

  • Anta_Logo
    Article

    Anta Sports Q2 sales growth continues at slightly slower pace

    2021-07-12T08:10:00Z

    Anta Sports continued to show strong sales growth in the second quarter ended June 30. However, the pace of growth slowed somewhat from the first quarter, which benefited from a strong comparison effect as strict lockdown measures were imposed in China in the first quarter of 2020. In an operational ...

  • absolutvision-uCMKx2H1Y38-unsplash
    Article

    Outdoor company stocks continue to gain ground in Q2

    2021-07-09T08:52:00Z

    From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports, Vista Outdoor and American Outdoor Brands, ...

  • Anta_Logo
    News briefs

    Anta Sports appoints new executive team members

    2021-07-01T12:37:00Z

    Anta Sports Products Ltd announced two executive changes. Bi Mingwei has been appointed as an executive director of the company, effective July 1. Mingwei is currently a vice president of Anta Sports and a director of certain subsidiaries within the group, primarily responsible for financial management, business processes, information management ...

  • ANTA-logo-and-wordmark
    Article

    Anta Sports publishes profit warning

    2021-06-18T10:52:00Z

    Amer Sports’ profitability is apparently improving faster than that of the rest of the Anta Sports Group. In a profit warning, Anta, which heads up the joint venture that took over the group two years ago, says it expects a decline in the losses of a joint venture, which we ...

  • News briefs

    Anta’s controlling shareholder plans to divest a 3.3% stake in the company

    2021-04-23T05:37:00Z

    Anta International Group Holdings has agreed to sell a stake of approximately 3.26 percent in Anta Sports Products, of which it is the controlling shareholder, according to a company announcement dated April 21. The sale of 88 million shares in the company for HK$11.57 billion (€1.24bn-$1.49bn) will reduce its direct ...

  • Article

    Moody’s upgrades outlook for Amer Sports

    2021-04-21T07:14:00Z

    Providing some interesting figures on Amer Sports’ latest performance and some interesting projections, Moody’s has changed its outlook for the company from negative to stable. However, it maintained an overall B3 corporate rating on Amer’s debt, feeling that its credit metrics will remain weak over the next 12 to 18 ...