It's Gotta Be the Shoes: Anta's 2017 Fourth-Quarter Order Book Heats Up
Reduced trade-fair orders as a percentage of total orders, a relatively high comparison base, and less favorable seasonality did not cap Anta's strong fourth-quarter 2017 trade fair orders. Fila and Anta adult offline sales in the first quarter of 2017 slowed year over year, with the former tracking 1,000 basis points above our full-year estimate of 30% and the latter in line with our full-year expectation of 3%. Anta Kids sales growth in the first quarter of 2017 was over 30%, higher than our f...ANTA Sports Products is principally engaged in the manufacturing, trading and distribution of sporting goods, including footwear, apparel and accessories, in the People's Republic of China. As of Dec 31 2014, there were 7,662 ANTA Stores, 1,228 Kids sportswear series stores and 519 FILA stores in China, Hong Kong and Macao.
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