Suppliers in fast lane as China embraces winter sports
By Chai Hua in Hong Kong | China Daily | Updated: 2017-01-19 07:41
Anta Sports Products Ltd, China's biggest athletics apparel company, said it plans to launch its first snow sports product under its own brand this year - as the domestic skiing market and other winter activities are expected to be on track for a major boost.
The company said it would expand more in the high-end segment of the market, in line with the general consumer market shift toward premium brands in China.
"When a country get more developed economically, their consumers tend to go for high-end activities," said Robert Koepp, director of the consultancy, the Economist Corporate Network.
Photo