Big Four of Chinese Sporting Goods All Reported Rose in First Half

Source:China Sport ShowRelease time:06-Sep-2019Clicks:

Anta, Li Ning and Xtep, the three Chinese sporting goods giants all maintained first-half net profit of more than 20%, followed by 361°also achieved nearly 10% growth. This means that local sports brands have rebounded from the trough. The big four brands are hoping to get a piece of the market in the first and second tier. But in the sports market of first- and second-tier cities, Nike and Adidas are indisputable bosses, and the strategy of local sports brands, while necessary, faces a number of tests.

For more details, pls click to read financial report/press release of Anta, Li Ning, Xtep and 361 ° respectively.

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