Anta Sports Products Limited

Anta Sports Products Limited, established in 1991 and headquartered in Fujian Province, China, stands as one of the world's leading sportswear companies. Listed on the Hong Kong Stock Exchange (HKEX: 2020), the Group operates through a vertically integrated business model combining self-production, OEM/ODM manufacturing, and multi-brand portfolio management. With approximately 65,500 employees and 12,800–13,000 stores across more than 20 countries and regions, Anta has solidified its position among the global top three sportswear brands.

Key Financials

Anta achieved estimated full-year 2025 revenue of RMB 750–780 billion, driven by 14.3% year-over-year growth in the first half of the year (H1 2025: RMB 385.4 billion). Its subsidiary Amer Sports reported 2025 revenues of USD 6.566 billion (~RMB 470 billion), representing 27% annual growth. The Group maintains annual production capacity of approximately 140 million pairs of shoes and 100 million apparel units, supported by a strategic supply chain spanning over 110 suppliers in 31 countries.

Business Segments

Anta's diversified portfolio spans men's and women's athletic apparel, performance and lifestyle footwear, outdoor equipment, and children's wear. The Company owns or operates premium brands including Arc'teryx, Descente, Salomon, and Kolon, alongside its core Anta brand and FILA. Emerging segments include smart footwear development and sustainable fashion lines featuring recycled materials.

Competitive Advantages

Anta has achieved 12 consecutive years of positive growth, emerging as China's leading sportswear brand while challenging international competitors Nike and Adidas. Key differentiators include official sponsorship as an International Olympic Committee (IOC) partner, strategic NBA partnerships (notably Kyrie Irving), and Chinese national team affiliations. The Company's robust direct-to-consumer (DTC) model (approximately 90% of sales), flexible supply chain, and industry-leading MSCI ESG rating of AA further strengthen its competitive positioning.

Strategic Outlook

Anta's globalization strategy accelerated in early 2026 through landmark transactions: acquiring a 29.06% stake in PUMA for EUR 1.5 billion, becoming PUMA's largest shareholder. The Company previously completed the acquisition of German outdoor brand Jack Wolfskin (USD 290 million) in April 2025 and established a joint venture with Korean fashion leader Musinsa. Expansion initiatives include a Southeast Asian "3,000 Stores Plan" and flagship store launches in the Middle East and North America. Despite challenges, including elevated inventory turnover days of 136 days, Anta's multi-brand, geographically diversified strategy positions it for continued international growth.