While its major Western competitors continue to struggle in the PRC, the Chinese sportswear giant posted another standout result, with revenue increasing by 13% to RMB 80,219,000 ($11,230.7 mm) last year, up from RMB 70,826,000. Net income attributable to shareholders dipped 13% to RMB 13,588,000 ($1,902.3 mm) last year from RMB 15,596,000, but would have been up 16%, backing out 2024’s benefit from the Amer Sports spinoff. All categories posted gains for the year, led by apparel’s 16% increase to RMB 45,814 million and footwear with 8% growth to RMB 31,499 ... Log in to view full article.