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Article: ANTA PLAYING CATCH-UP WITH LI NING
- Article from:
- AsiaInfo Services
- Article date:
- May 15, 2009
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AsiaInfo Services
05-15-2009
Anta Playing Catch-up with Li Ning
SHENZHEN, May 15, 2009 (SinoCast Daily Business Beat via COMTEX) -- Despite the global economic recession, Anta Sports Products Limited (SEHK: 2020), a sports wear maker in China, saw a 60% growth in net profits last year. Based on that momentum, the company has set a target of reaching an increase of 20% in sales for 2009.
On May 10, Anta Sports set up its 6,000th special stores. Looking ahead, the company is on track to double its sales in the coming five years. To reach the goal, it lately introduced an international consulting firm to help it fine-tune its corporate management.
In view of the fact that Li Ning Co. Ltd. ...