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The Retail Sales Of Anta Brand In The First Half Of This Year Increased By 10%-20% Compared With The Same Period Last Year.

2019/7/12 14:26:00 4

AntaAnta SportsFILA

Anta sports announced its new business performance in the second quarter of 2019. In the second quarter of 2019, the retail sales of Anta brand products (calculated by retail value, the same below) compared with the same period in 2018, and the retail sales of other brands increased by 55%-60% compared with the same period in 2018.

In the first half of 2019, the retail sales of Anta brand products compared with the same period in 2018 showed a low growth rate of 10%-20%; the retail sales of other brand products increased by 60%-65% compared with the same period in 2018.

In July 4th, Morgan Stanley issued a report on Anta sports to maintain overweight rating. At the same time, quoted Anta sports management, Anta sports in the second quarter of 2019 sales to consolidate and meet the target, of which Anta brand is moving towards this year's 14%-16% (midteens) growth, compared with the first quarter of 11%-13% (low-teens) growth, "Anta" brand online sales growth has accelerated to 30%.

Morgan Stanley also said Anta sports's FILA sales growth continued strong, but based on stores will gradually slow down, I believe that the growth rate will not be higher than the first quarter of this year.

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