March 19, 2025 Anta Sports Closes in on $10 Billion
Net income attributable to shareholders was up 52% last year to RMB 15,596 million ($2,166.1 mm) from RMB 10,236 million on 14% higher sales of RMB 70,826 million ($9,836.9 mm), up from RMB 62,356 million. Brand Heat Narrows as Upstarts Challenge Nike
The Swoosh continued its dominance across footwear and apparel but with increasingly thin margins in some sectors, while Lululemon and Vuori’s bids to move beyond their single-gender roots are paying dividends, according to LEK’s fourth annual Brand Heat Index. Fanatics Accused of Monopolizing Trading Card Market
Fanatics, the NBA, NFL, MLB, and their respective players associations were hit with a proposed class action in NY district court by a TX man, alleging the defendants conspired to monopolize the player trading cards market by signing long-term, exclusive licensing contracts aimed at dominating the market and stifling competition. Hooplife Suit against New Balance Resurrected
After Steven Magee, the owner of the “Hooplife” trademark, asked the court to dismiss an earlier suit without prejudice against New Balance, Magee has now re-filed in AR district court accusing the defendant of infringing on his mark with its athletic uniforms. Etcetera: Adidas, JD Sports, Fanatics, Dick’s
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