Revenues fell 1% to 14.669 billion RMB (£1.6 billion).

FILA's revenue grew strongly by 9.4%, and DESCENTE by 8.3%. The group's e-commerce retail sales value grew by over 50% year-on-year

The company said: “In the contexts of China having the pandemic under control, the sports market regaining traction, and China's consumer confidence index taking the lead globally, ANTA Group has the confidence to achieve its full-year growth target.”

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