Positive first half appears likely for Anta Sports
Hong Kong-based group Anta Sports has said in an operational update that it expects its first-half results to show mid-single figure growth for sales revenues for the Anta brand. In the first half of 2023, the Anta brand achieved revenues of just under $2 billion.
In its recent update, the group also said it expected high single-digit growth for the first-half performance of its Fila brand. Revenues for Fila in the first half of 2023 were around $1.7 billion.
Collectively, its other brands, which include Descente, Kolon Sport, Amer Sport and Maia Active, look likely to register an increase of between 35% and 40% in revenues, compared to the first half of last year when their combined total revenue was around $450 million.