Sports : Valuations of Li Ning and Anta plummet by US$25 billion

Featured image of the article Sports : Valuations of Li Ning and Anta plummet by US$25 billion

An article by Sophie Baqué

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Publication

9 January 2024 à 23h45

Updated on 12 January 2024 à 15h01

Reading time

2 minutes

Publication: 9 January 2024 à 23h45, Updated on 12 January 2024 à 15h01

Reading time: 2 minutes

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An article by Sophie Baqué

Add mind Retail to your sources
Publication

9 January 2024 à 23h45

Updated on 12 January 2024 à 15h01

Reading time

2 minutes

Publication: 9 January 2024 à 23h45, Updated on 12 January 2024 à 15h01

Reading time: 2 minutes

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In China’s sporting goods market, sales of local mass-market brands Li Ning and Anta are slowing, leading to a sharp decrease in stock market valuations.

As consumer spending slows in China, retailers are reviewing strategies.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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