Group 1 - The recent fireworks show by Arc'teryx, in collaboration with Cai Guoqiang, has sparked environmental controversies and led to significant stock price fluctuations for its parent company Amer Sports and Anta Sports [1][2] - Following the fireworks event, Amer Sports' stock price dropped nearly 10% to $33.76, with a trading volume of $149 million, reflecting a 45% increase in trading activity compared to the previous week [1] - Anta Sports' stock opened down 4.6% and reached a low of 7.28% during the day, ultimately closing down 2.22%, with a trading volume of HKD 30.1 billion, indicating heightened investor caution [1] Group 2 - Arc'teryx's growth momentum is weakening, with revenue growth from $548 million in 2020 projected to reach $2 billion by 2024, indicating a slowdown in its high-growth narrative [3][4] - The outdoor functional apparel segment's growth rate has dropped from 55% in 2023 to 28% in 2024, with same-store sales growth declining from 80% in Q2 2023 to just 15% in Q2 2025 [5] - Arc'teryx faces increasing competition from both international and domestic brands, leading to heightened growth anxiety [5] Group 3 - Anta Sports has rapidly expanded through acquisitions, transforming from a local brand to a global sports giant, but this aggressive strategy has raised concerns about its management capabilities [6][9] - The company has made several significant acquisitions, including FILA in 2009 and Amer Sports in 2019, which have contributed to its revenue growth from RMB 4.627 billion in 2008 to RMB 70.83 billion in 2024 [8][9] - Despite the growth, Anta's recent financial results show a decline in net profit for the first half of the year, marking the first time in years that the company has experienced a year-on-year drop in net profit [11] Group 4 - The fireworks controversy has exposed weaknesses in Anta's multi-brand management, raising questions about its ability to integrate acquired brands effectively [9][13] - The incident may hinder Anta's global expansion efforts and lead to increased scrutiny from international investors, particularly in environmentally conscious markets [13] - The focus on aggressive acquisitions without adequate management capabilities could result in a fragile business structure rather than a robust empire [13]

每经记者｜唐元 每经编辑｜余洋 2025年6月20日下午，由每日经济新闻主办、每经智库香港中心承办，成都市体育总会、香港商报、共佳品创支持的"全球联动·产业互动"体育产业国际沙龙 （以下简称"体育沙龙"）在香港举行。 活动吸引了来自中国香港和成都体育产业的50余位企业代表、专家学者及行业领袖齐聚一堂，围绕体育产业如何促进城市发展、加强跨地区合作等议题展开 深度交流。 体育沙龙上，快乐运动体育发展集团董事长、全国工商联城市基础设施商会副会长周莉发表主题演讲，分享快乐运动中国计划十年实践，并发出共建全球体 育产业三大生态圈的倡议。 多年深耕：从成都启航，让运动融入城市基因 周莉首先回顾了快乐运动中国计划的初心与历程。2014年，该计划由快乐运动体育发展集团联合芬兰、荷兰休闲体育产业联盟共同发起，核心使命在于将多 样性运动场景融入城市公共空间，让市民"从0到100岁"都能在家门口享受丰富运动生活。 "全球休闲体育产业合作计划有一个目标，就是创造所有人的健康和快乐，所以我们把工作重点放到了创建城市公共、新智慧体育公园和体育场景。"周莉表 示。 集团作为中国首批全产业链打造新型城市智慧体育公园的创新实践者，创造性提出" ...