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Performance of sports & activewear companies in FY23

01 Apr '24
6 min read
Pic: Heorshe - stock.adobe.com
Pic: Heorshe - stock.adobe.com

Insights

  • In FY23, Amer Sports saw a revenue rise of **.*% but remained unprofitable, while ASICS Corporation enjoyed substantial gains in sales and profits.
  • Gildan Activewear reported a slight decrease in sales with stable future projections, and Adidas AG experienced a minor sales decrease, though its performance surpassed bleak initial forecasts.

Amer Sports, Inc. (NYSE: AS)

Anta Sports Products Limited (HKD: **** & RMB: *****) is a Chinese retail conglomerate that owns Amer Sports, Inc (NYSE: AS), which further owns a portfolio of companies including Atomic, Arc’teryx, ArmadaEnve Composites, Peak Performance, Salomon and Wilson.

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