More about brands – Page 374
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Article
Amer Sports is expected to announce a 50 percent improvement...
Amer Sports is expected to announce a 50 percent improvement in operating profit and a 21 percent increase in net profit to €44.3 million on 14 percent higher sales of €552 million for the fourth quarter of 2010 when it reports its full-year results on Thursday, according to the mean ...
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Amer Sports has sold off the manufacturing site of Salomon...
Amer Sports has sold off the manufacturing site of Salomon that it wasn’t using in Rumilly, France, to the French company Ecologgia. The €8 million transaction means a capital gain of €7.4 million, and includes 15 hectares of land and 35,000 square meters of buildings. Amer used the campus to ...
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Pantaloon Retail India has opened a new Planet Sports store...
Pantaloon Retail India has opened a new Planet Sports store in the Growel Mall of Mumbai, the first to be based on a new concept. The 6,000-square-foot store displays products on the basis of category across brands. Research indicates that makes for easier navigation by customers. Some classifications include running, ...
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The chairman of Anta Sports, Ding Shizhong, is the 37th...
The chairman of Anta Sports, Ding Shizhong, is the 37th richest man in China with a net worth of $3.1 billion, according to the Hurun Report.
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Anta Sports has said that it got off to a...
Anta Sports has said that it got off to a strong start for 2010 with successful backing of the Chinese team at the Winter Olympics in Vancouver. By the end of the year, the Chinese company expects to have 7,400 Anta stores, 600 Sports Lifestyle Series stores and 350 Kids ...
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Adidas Reports ‘Fantastic’ Quarterly Performance
Never shy of superlatives, the Adidas Group’s chief executive, Herbert Hainer, hailed a “fantastic” performance for the company since the start of the year – justifying a slightly improved forecast for the full year. After an already robust first quarter, the Adidas Group’s sales jumped by 18.7 percent to ...
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The NBA player Kevin Garnett is now endorsing Anta, the...
The NBA player Kevin Garnett is now endorsing Anta, the Chinese sports company.
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The Chinese brand Anta has a new partnership with Letao,...
The Chinese brand Anta has a new partnership with Letao, that country’s biggest online footwear retailer, making Anta sports shoes available to internet shoppers across China.
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Anta Sports Products has formed a strategic alliance with the...
Anta Sports Products has formed a strategic alliance with the media firm SINA Corporation. The two companies intend to work together on marketing and promotion for a number of upcoming global sporting events, including the Asian Games in November and the 2012 Olympic Games in London. The joint effort will ...
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Mizuno is sponsoring Toque Santa Cruz, the member of Paraguay’s...
Mizuno is sponsoring Toque Santa Cruz, the member of Paraguay’s national football team who is playing for Manchester City and was previously with the FC Bayern München team.
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Swedish sporting goods retailers enjoyed a fantastic 19.2% increase in...
Swedish sporting goods retailers enjoyed a fantastic 19.2% increase in their sales during the month of October, mainly because the weather situation was much better than in the same month of a year ago.
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Anta has signed on eight athletes in the run-up to...
Anta has signed on eight athletes in the run-up to the Winter Olympics this Feburary in Vancouver: Yang Yang, short-track speed-skating and China’s first gold medalist in the Winter Olympics; Han Xiaopeng and Li Nina, freestyle skaters; Pang Qing and Tong Jian, and Zhang Hao and Zhang Dan, pair skaters; ...
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News briefs
The controlling shareholders of Anta Sports Products are selling 80...
The controlling shareholders of Anta Sports Products are selling 80 million shares at a price of 10 Hong Kong dollars (€0.87-$1.29) each. That’s 3.2 percent of the company’s share capital. Anta said they were doing it as part of their asset management plans as well as to help start a ...
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Anta Sports Products has hired Zheng Jie, the former head...
Anta Sports Products has hired Zheng Jie, the former head of sales for Adidas China and former general manager of Reebok China, to be its new executive director.
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K2 Sports has given $35,000 worth of merchandise to disadvantaged...
K2 Sports has given $35,000 worth of merchandise to disadvantaged children attending the Vancouver Winter Games in 2010.
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Article
Belle Sells Chinese Fila Assets To Anta
Belle International Holdings, which is performing better in street shoes than in sports apparel, is transferring most of its Fila properties in China, Hong Kong and Macau to Anta Sports Products for 314 million renminbi (€32.3m-$46.0m). Anta, whose results grew strongly in the first half of this year ...
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Anta’S Half Looks Good All Around
Anta Sports Products of China had a big 27.7 percent surge in sales to 2.82 billion renminbi (€289.8m-$413.4m) for the first half of the year. The net profit was up by 40.1 percent to CNY608 million (€62.5m-$89.1m), boosted by lower marketing expenses and a drop in the cost of shoe ...
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Anta Takes Olympic Deal From Adidas
In a new four-year deal, Anta is the new exclusive supplier for the Chinese Olympic teams for 2010 and 2012. The $17.5 million deal includes other competitions as well, such as the Summer and Winter Youth Games, the Asian Games and the East Asian Games. Anta replaces Adidas as the ...
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Macintosh Holds Firm Despite Brantano Effect
Macintosh Retail Group, owner of Pro Sport stores in the Netherlands, managed to roughly uphold the sales of its fashion division last year excluding the acquisition of Brantano, the Belgian and British shoe retail chain. The division lifted its sales to €612.8 million, up from €339.2 million in 2007, and ...
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Huge Sales Increase For A Chinese Company, Anta
Revenues for the year ended Dec. 31 increased by a staggering 54.8 percent to 4,626.8 million renmimbi (€532.6m-$677.3m) for Anta Sports Products, a Chinese company that designs, develops, manufactures and markets sportswear. Gross profits were also up by 84.9 percent to RMB 1,848.6 million (€212.8m-$270.6m). Footwear and apparel ...
