Opened First Store in the USA
The Chinese company Anta, which produces sportswear and footwear, plans to open its store in September this year in Beverly Hills, California, USA. This step is expected to help strengthen the brand’s position in the American market, according to local reports.
The company is expanding its presence not only in America but also in other regions. At the beginning of June, Anta acquired the German clothing manufacturer Jack Wolfskin for 290 million US dollars and incorporated it into its portfolio.
By acquiring the German company, Anta aims to become one of the world leaders in producing clothing for travelers. Its main competitors in this field are brands such as The North Face, Patagonia, Arc’teryx, Columbia Sportswear, Marmot, and Salomon.
Anta ranks third in the world in revenue in its sector, after brands Nike and Adidas. In recent years, Anta has earned approximately 9.74 billion US dollars in revenue.
