3Q17 China Online Sportswear– Top US Brands Well Performed but Sports Apparel Showed Downside Risk
China Sportswear sales accelerated in 2017Q3, showing 34% Y/Y growth. Top US companies won the race among all other sportswear companies,...
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Anta's Rise to No.3 Sportswear Brand in Tmall Demonstrates Its Moat; FVE Raised to HKD 30 Per Share
We have upgraded narrow-moat Anta’s fair value estimate to HKD 30.00 per share from HKD 21.00 per share as higher margin e-commerce businesses...
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Field Trip to Anta's Headquarters Indicates Anta Is on the Right Track; Raising FVE by 5%
With sound positioning and pricing strategies, improved store image and products, more effort to respond to current trends, and proprietary...
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It's Gotta Be the Shoes: Anta's 2017 Fourth-Quarter Order Book Heats Up
Reduced trade-fair orders as a percentage of total orders, a relatively high comparison base, and less favorable seasonality did not cap Anta's...
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Anta Sports - Raising for Hopefully a Good Acquisition, Great Track Record Helps
Anta Sports plans to raise around US$500m in order to fund acquisition of yet to be announced international brand to aid its expansion plans.The...
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