Anta's Brands to Face Limited Impact From Arc'teryx Fireworks in Tibet -- Market Talk
Dow Jones
Sep 22
0309 GMT - A controversial fireworks show sponsored by Arc'teryx, a brand of Anta Sports, is seen to have limited direct impact on Anta's other outdoor brands, Citi analysts say in a research note. The show in Tibet's Himalayas faces backlash on China's social media, criticized for ecology and cultural disrespect, Citi says. The negative publicity is currently limited to Arc'teryx, which is owned by Anta's associated company Amer Sports, they say, adding that Descente and Kolon, Anta's directly operated outdoor brand, are likely to see marginal impact. Citi has a buy rating on Anta, with a target price of HK$111.60. Shares of Anta Sports drops 3.0% to HK$93.90. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
September 21, 2025 23:09 ET (03:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.