November 19, 2025 10:07 PM GMT ANTA Sports | Asia Pacific M Update Asia Pacific Summit 2025 Feedback At our Summit, ANTA commented that sales trend in 4QTD is on track with management's guidance. We think group sales growth will accelerate in 4Q25 vs. 3Q25, which is encouraging given higher base. Key Takeaways 2026 Outlook – Initial Thoughts: With ANTA brand beyond Rmb40bn retail GMV and FILA beyond Rmb30bn retail GMV, group sales are more exposed to macro dynamics. However, the company expects a few growth ...