Chinese Sports Apparel Maker Anta Is Following the Nike Playbook

Anta Sports holds a 15% share of China's $43 billion sports apparel market, aiming to surpass Nike and Adidas by 2025. The company is expanding its global presence by signing NBA star Klay Thompson for endorsements and launching new products. Anta's growth strategy includes acquiring AMR Sports for $5.2 billion and a licensing deal with FILA. Over the past two and a half years, Anta's revenue has increased by 80%. The company anticipates further growth with the 2022 Winter Olympics in Beijing and potential benefits from the trade war, positioning itself as the 'Nike of China'.

What percentage of the sports apparel market in China does Anta Sports currently hold?

• 20%

• 25%

• 15%

• 10%

Which NBA star has Anta Sports signed for a 10-year endorsement deal?

• Klay Thompson

• Stephen Curry

• Kevin Durant

• LeBron James

How much did Anta Sports spend to acquire Finland's AMR Sports?

• $4.8 billion

• $3.5 billion

• $6.0 billion

• $5.2 billion

Which of the following brands is owned by AMR Sports, acquired by Anta?

• Nike

• Puma

• Solomon

• Adidas

What major event is Anta Sports hoping will boost its revenue further?

• Winter Olympics

• Asian Games

• Summer Olympics

• FIFA World Cup