Anta saw revenues rise by 16.2% in 2023
China-based sports group Anta has told how its revenues rose by 16.2% year on year to around $8.6 billion or ¥62.4 billion for the 12 months ended December 31.
Flagship brand Anta was up 9.3% to $4.2 billion (¥30.3 billion), the company said, followed by a 16.6% increase at Fila, where revenues reached $3.5 billion (¥25.1 billion).
Athletic footwear brand Anta celebrated its official US launch earlier in March. It also opened its first dedicated running shoe store, Anta Sneakerverse, in Beijing on March 23.
All other group-owned brands, considered together, saw growth of 57.7% year on year to contribute approximately $955 million (¥6.9 billion). Joint venture AS Holding, of which Amer Sports is a subsidiary, counted roughly $4.3 billion or ¥31.25 billion for the period, a rise of 30.1% year on year.