Sportswear enjoys sprinting sales in China

Anta Sports leads pack among peer firms based domestically

Leading global sportswear brands are capitalizing on the substantial growth potential of the Chinese market, which is driving their expansion and investment strategies.

Among these brands, Lululemon Athletica Inc has emerged as a standout performer, reporting impressive financial results for the fourth quarter and fiscal year ending Feb 2. The company's growth trajectory in China has been a key contributor to its performance.

In the Chinese market, Lululemon recorded an impressive 46 percent year-on-year surge in net revenue for the fourth quarter, while full-year revenue grew 41 percent compared to 2023.