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Anta reveals 1,000-store expansion plan

Chinese sportswear conglomerate Anta Group has announced plans to open 1,000 new stores in south-east Asia over the next three years, as sales in the region almost double.

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#antagroup #anta #amersports #retailexpansion

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Arc'teryx launches in JD Sports

Canadian technical apparel brand Arc'teryx launched in-store and online at JD Sports yesterday (3 September).

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#arcteryx #amersports #jd #jdsports #fashionnews

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Amer Sports stock rises on HSBC upgrade Investing.com -- Amer Sports (NYSE:AS) stock rose 1.7% in premarket trading after HSBC upgraded the company to Buy from Hold, citing a strong runway for sales growth with margin expansion driven by the group’s uniquely positioned portfolio. The bank lifted its price target to $50 from $38 on higher estimates, with its EBIT forecasts for 2025-27 now 12% ahead of consensus. HSBC noted that while Amer Sports’ equity story was previously dominated by the Arc’teryx brand and Greater China market, the company’s growth is becoming more balanced and global in nature. According to HSBC, Amer Sports is well-positioned for its next growth chapter, supported by the global roll-out of Arc’teryx and Salomon brands. The company is expanding retail presence across regions, with Arc’teryx planning to add 25 stores this year, mostly in North America, and a similar number next year with more regional balance. Salomon is adding approximately 100 new stores in Greater China, along with 3-4 stores in the US and 5-10 in Europe, while Wilson continues its expansion in Greater China with 50 more Tennis 360 concept stores this year. HSBC highlighted product diversification as a growth driver, with Arc’teryx expanding in footwear and women’s categories, Salomon growing in apparel and accessories, and Wilson developing soft goods. The upcoming Investor Day on September 18 in Vancouver is expected to be a key positive catalyst, where management will likely provide long-term guidance for the entire portfolio and details on Arc’teryx’s global roll-out strategy. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. That's one option, but what if there are better opportunities hiding in plain sight? Investing.com's ProPicks AI has identified growth stocks that often get overlooked by individual investors. Compare your choice against our global range of AI-selected picks - with 3 out of 4 beating their benchmark index year to date and 98% in the green. Get fresh new picks every month, now available at 50% off while our Summer Sale lasts. Hurry, offer ends soon!

Click Subscribe #AmerSports #HSBC #StockMarket #Investing #Equities

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Amer Sports stock falls despite strong Q2 results and raised guidance NEW YORK -- Amer Sports, Inc. (NYSE:AS) stock fell 5% on Tuesday despite the company reporting better-than-expected second-quarter results and raising its full-year guidance. The sportswear and equipment maker posted earnings per share of $0.06, exceeding analyst estimates of a $0.02 loss, while revenue jumped 23% to $1.24 billion. The company demonstrated strong performance across its portfolio, with Technical Apparel revenue increasing 23% to $509 million and Outdoor Performance segment surging 35% to $414 million, driven by Salomon footwear’s acceleration. Ball (NYSE:BALL) & Racquet Sports segment grew 11% to $314 million. Despite the positive results, investors appeared concerned about slowing growth at the company’s premium Arc’teryx brand and higher selling, general and administrative expenses, which increased 23% YoY to $698 million. Amer Sports raised its full-year 2025 outlook, now projecting revenue growth of 20-21%, up from previous guidance. The company also increased its adjusted operating margin forecast to 11.8-12.2% and expects full-year EPS of $0.77-$0.82, compared to the analyst consensus of $0.78. The company also announced a leadership change, with Wilson CEO Joe Dudy stepping down effective August 31. CFO Andrew Page will serve as interim CEO of Wilson while maintaining his current role. "Overall 2Q was a solid quarter, however, slightly weaker Arc growth/tepid Americas growth and higher 2H SG&A spend could hold back the stock," noted Citi analyst Paul Lejuez. The company’s guidance incorporates the current 30% incremental U.S. tariff on goods from China, though management expects the impact on consolidated results to be negligible this year due to mitigation strategies already underway. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #AmerSports #StockMarket #Q2Results #Investing #Stocks

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Stocks making the biggest moves premarket: Home Depot, Amer Sports, Viking Holdings & more - CNBC Stocks making the biggest moves premarket: Home Depot, Amer Sports, Viking Holdings & more  CNBC

Click Subscribe #Stocks #Premarket #HomeDepot #AmerSports #VikingHoldings

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Michael Ashley Schulman, CFA on LinkedIn: #ipo #luxurybrands #amersports #investors #pe #lvmh #kerin... IPO: LUXURY BRANDS AND HIGH-END SPORTSWEAR Reuters reached out to Running Point and I for commentary regarding Amer Sports #IPO today and thoughts on how…

IPO: #LUXURY #BRANDS AND HIGH-END #SPORTSWEAR
#Reuters reached out for commentary regarding #AmerSports #IPO today and thoughts on how #investors and the #markets are likely to receive it. Reporters Manya Saini and Niket Nishant covered the story.

www.linkedin.com/posts/rbtrag...

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Michael Ashley Schulman, CFA on LinkedIn: #reuters #luxury #brands #sportswear #ipo #luxurygoods #st... Interested in Luxury Brands and High-End Sportswear? Yesterday, Amer Sports, with its global iconic brands — Arc'teryx❄, Atomic⛷, Peak Performance🧥…

Interested in Luxury Brands and High-End Sportswear?
—@Arcteryx , @ATOMIC ⛷, @Peak1986, @SalomonSports , @WilsonTennis 🎾—
#Reuters asked us for commentary regarding parent company #AmerSports #IPO prospects.
www.linkedin.com/posts/rbtrag...

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