ANTA Sports Products Ltd

02020: XHKG (HKG)
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Anta Sports: Guidance Maintained Despite Slower Growth; CEO Exit Signals Anta Brand Reset

Anta Sports reported mid-single-digit retail sales growth as a group in the second quarter, with low-single-digit growth at both the namesake Anta brand and Fila, while other brands grew 25%-30%. The firm also announced the step-down of Anta brand CEO Xu Yang and appointed an interim CEO.

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