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Anta claims U-turn with 2014 sales up 22%

12/02/2015

China's sports brand Anta appears to be emerging decline, with profits increasing a third in 2014, which it attributes to growth in children's lines and e-commerce. Revenue jumped 22.5% year-on-year to $1.4 billion while it earned $272 million in profit. "We picked up growth momentum and delivered sustainable results," said chairman Ding...

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