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Article Date: January 2023
Word Count: 144

Anta Sports’ Sales Slip in Q4


The Chinese sportswear giant blamed weak results in the final quarter on lower foot traffic and negative consumer sentiment due to the pandemic, but is hopeful that the PRC’s easing of Covid-mitigation will boost consumption this year. Revenues from the core Anta brand were down high-single digits at retail, reversing positive momentum in Q3, but ending the year with low-single-digit positive growth. Retail ... Log in to view full article.

 


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