运动巨头争锋，谁能在中国市场跑得更快？

Core Insights - The article highlights the competitive landscape of the sportswear industry at the ongoing China International Import Expo (CIIE), emphasizing the growing demand for sports apparel driven by China's fitness initiatives and consumer interest in sports [3][15]. Market Demand and Competition - China has a massive market for sportswear, with over 300 million people participating in fitness activities weekly, which is comparable to the total population of the United States [5][6]. - The majority of fitness participants are casual enthusiasts rather than professional athletes, indicating a broad consumer base for sportswear brands [5]. Company Performance and Strategies - ASICS reported a net sales figure of 4.88 billion yuan in China for 2024, marking a nearly 30% growth, with a 21.5% year-on-year increase in the first quarter of 2025 [7]. - Lululemon achieved a 25% revenue growth in the Chinese market in the second quarter and opened its 165th store in the region, indicating rapid expansion [7][8]. - Nike, participating in CIIE for the sixth year, showcased its commitment to the Chinese market through innovative installations and a focus on athlete-centered product development [8][9]. Local Innovation and Global Impact - Lululemon's experience in China has influenced its global retail strategies, leading to larger store formats to enhance customer experience [12][13]. - Nike established its first creative production center outside the U.S. in Shanghai, emphasizing local research and development to better understand Chinese athletes' needs [13][14]. - Adidas has localized over 60% of its products designed for the Chinese market, reflecting a trend of reverse purchasing where local designs gain international recognition [14]. Consumer Trends - A report by Lululemon and Tsinghua University indicates that 68% of respondents believe exercise enhances happiness, showcasing a growing trend of associating physical activity with well-being [14].