News

Lululemon founder takes stake in Anta Sports

03/07/2019

The founder of yogawear brand Lululemon, Chip Wilson, has invested $100 million in Chinese sportswear group Anta. The investment gives him a 0.6% stake in the company, Forbes has reported. Anta has said the sale of shares to Mr Wilson “represents a valuable opportunity for the company to bring in a renowned investor with strong financial...

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