ANTA SPORTS(HK:02020) Zhong Guo Jin Rong Xin Xi Wang·2025-09-21 07:51Core Viewpoint - The outdoor brand Arc'teryx, in collaboration with artist Cai Guo-Qiang, faced significant backlash after a fireworks display in the Himalayas, prompting an official investigation and apologies from both parties involved [1][3]. Company Overview - Arc'teryx is a globally recognized outdoor sports brand, acquired by Anta Group-led investment consortium in 2019. The brand operates 47 direct stores in China and has numerous distribution partners [3]. - The latest financial report indicates that Arc'teryx was a "growth pillar" for its parent company, Amer Sports, but has recently experienced a decline in growth and profit margins [3]. Industry Context - The controversy surrounding the fireworks display may lead to a loss of core customers for the brand, as outdoor enthusiasts increasingly embrace environmental sustainability principles such as "Leave No Trace" and "minimal impact" [3]. - Research shows that nearly 90% of surveyed outdoor enthusiasts believe in stronger environmental awareness among outdoor consumers, with over 90% supporting sustainable development in outdoor activities [3]. Social Media Impact - Numerous negative comments have emerged on various social media platforms regarding the incident, with a significant number of one-star reviews appearing on the Arc'teryx museum store page in Shanghai [4]. - The controversy has also affected Anta Group, with many users demanding a response on its social media pages, leading to restrictions on comments and visibility of previous posts [4].