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Anta loses the CEO hired to take it upmarket

Xu Yang’s exit leaves China’s biggest sportswear group asking whether mass-market scale and premium brand building can truly coexist.

Anta loses the CEO hired to take it upmarket
Xu Yang stepped down as Anta brand CEO on July 15 after three years, having taken revenue past 30 billion RMB ($4.4 billion) in 2023 before growth slowed to 3.7% in 2025. His exit tests whether a mass-market sportswear brand can premiumize without the scale advantages that built it. Image: Anta
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