ANTA extends China market lead with double-digit H1 growth

FUZHOU -- Chinese sportswear brand ANTA Sports reported double-digit revenue growth in the first half of 2025, according to the firm's latest financial report released on Wednesday.

ANTA's interim results for early 2025 showed that the company is consolidating its market-leading position in China. Its revenue growth outpaced the industry, and the company has topped the Chinese market for four consecutive years.

The group achieved revenue of 38.54 billion yuan ($5.3 billion), a year-on-year increase of 14.3 percent, also marking the 12th consecutive year of positive growth.

The core ANTA brand grew by 5.4 percent to 16.95 billion yuan ($2.3 billion), and its FILA brand rose by 8.6 percent to 14.18 billion yuan ($1.9 billion). Its portfolio of other brands saw growth of 61.1 percent, reaching 7.41 billion yuan ($1 billion).

The company also highlighted two major strategic moves: the acquisition of outdoor brand Jack Wolfskin and the formation of a joint venture with South Korean fashion distributor Musinsa to enter the Chinese market.

The company's profit attributable to shareholders rose 14.5 percent year-on-year to 7.03 billion yuan ($960 million), excluding one-off gains, while operating margins climbed to 26.3 percent.

Cash flow also remained healthy, with net operating inflows of 10.93 billion yuan ($1.5 billion). By the end of June, the group was sitting on reserves of 55.58 billion yuan ($7.6 billion) in cash and deposits.

Online sales continue to be a key growth driver for the sportswear giant. E-commerce revenue jumped 17.6 percent from a year earlier, accounting for more than a third of total sales.