Anta sees growth while Fila sales dip in Q3
Chinese sports giant Anta Group yesterday released its latest operational performance for the third quarter of 2024. The announcement disclosed relevant data for the group’s core brands, including Anta, Fila, and others (such as Descente and Kolon Sport), excluding the business of Amer Sports (the parent company of brands like Arc’teryx, Salomon, and Wilson). In the third quarter of 2024, the retail sales of the Anta brand recorded mid-single-digit growth YoY, while Fila’s retail sales saw a low-single-digit decline YoY. All other brands reported YoY retail sales growth, indicating an acceleration compared to the growth rates observed in the first two quarters of this year.