Home » Sports : Valuations of Li Ning and Anta plummet by US$25 billion Sports : Valuations of Li Ning and Anta plummet by US$25 billion 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. Through Sophie Baqué. Published on 12 January 2024 à 14h57 - Update on 12 January 2024 à 15h01 Resources As consumer spending slows in China, retailers are reviewing strategies. During the Q3 2023 financial results, Adidas noted a plan to offer cheaper shoes to Chinese consumers.… Sophie Baqué market data