Anta and FILA post weaker third-quarter retail sales
HK01 · 2 SOURCES1 day ago2 MIN
Summary
Anta Sports said its third-quarter retail performance weakened across its two core labels, with the Anta brand posting a mid-single-digit year-on-year decline and FILA recording a low-single-digit drop. By contrast, all other brands achieved positive growth of 25% to 30% in the quarter. Based on the group’s interim results, Anta and FILA together contributed about 76% of revenue in the first half, meaning softer retail momentum at the two biggest brands could weigh on near-term group growth. HK01 also said the latest quarterly operating data did not include brands added to the group from 2025, so any revenue contribution from those acquisitions has yet to be reflected
Key Points
- Anta Sports announced on 21 October that third-quarter retail sales for the Anta brand fell by a mid-single-digit percentage year on year
- FILA brand products recorded a low-single-digit year-on-year decline in retail sales during the same third-quarter reporting period
- All other brand products delivered positive retail growth of 25% to 30%, outperforming the group’s two core labels.
- In the interim results, group revenue reached 43.507 billion yuan, including 17.771 billion yuan from Anta and 15.045 billion yuan from FILA
- Other brands generated 10.691 billion yuan, about 25% of revenue, while HK01 said Anta had acquired nearly 30% of PUMA for 1.5 billion euros
Why It Matters
For Hong Kong investors, the update points to pressure on the group’s short-term growth because Anta and FILA remained the dominant revenue contributors in the interim period. The stronger showing from other brands suggests diversification is helping, but the current quarter still depended heavily on whether the two largest labels could stabilize retail demand.