8月，Musinsa 与安踏集团结成战略合作伙伴，共同投资成立合资公司"MUSINSA中国"，其中安踏集团持股40%，MUSINSA持股60%，MUSINSA中国将 主导自有品牌"MUSINSA STANDARD"和多品牌集合店"Musinsa Store"等业务在中国市场的发展。 该公司创始人赵万浩2001年将街头服饰论坛发展为综合电商，现运营"Musinsa"与女性平台"29cm"，月活跃用户分别达700万与300万。 报道显示，美国投资公司KKR于2021年入股Musinsa，此次IPO已选定花旗集团与摩根大通担任联席主承销商。 2025年年初，中国安踏集团出资500亿韩元（约合2.6亿元人民币）收购了 Musinsa 约1.7%的股权。 【中国服装圈.第3341期】来源：百度新闻 12月2日消息，韩国最大在线时尚零售商Musinsa宣布启动首次公开募股计划，预计2026年登陆公开市场，目标估值含债务约10万亿韩元（约合481亿人民 币）。 12月14日，MUSINSA STANDARD 的中国首店将于上海淮海百盛开业。作为 MUSINSA孵化的休闲服饰品牌，MUSINSA STANDARD 创立于20 ...

Core Viewpoint - Anta Sports (02020) reported a 14.5% year-on-year increase in adjusted net profit for the first half of the year, meeting expectations [1] - The management has raised forecasts for Descente and Kolon, indicating confidence in the multi-brand strategy [1] - The recent business developments with Jack Wolfskin and Musinsa are expected to serve as long-term growth catalysts for the company [1] - The target price for Anta Sports has been raised from HKD 106 to HKD 114.7, maintaining a "buy" rating [1] Financial Performance - Adjusted net profit for Anta Sports increased by 14.5% year-on-year [1] Strategic Outlook - Management has adjusted forecasts for Descente and Kolon, reflecting a positive outlook on multi-brand strategy execution [1] - Recent partnerships with Jack Wolfskin and Musinsa are anticipated to drive long-term growth [1] Investment Rating - The investment bank maintains a "buy" rating for Anta Sports, with an increased target price of HKD 114.7 [1]

Core Viewpoint - Anta Sports (02020) reported a 14.5% year-on-year increase in adjusted net profit for the first half of the year, meeting expectations [1] - The management has raised forecasts for Descente and Kolon, indicating confidence in the multi-brand strategy [1] - The recent business developments related to Jack Wolfskin and Musinsa are expected to serve as long-term growth catalysts for the company [1] - The target price for Anta has been raised from HKD 106 to HKD 114.7, maintaining a "Buy" rating [1] Financial Performance - Adjusted net profit for the first half increased by 14.5% year-on-year, aligning with market expectations [1] Strategic Outlook - Management's upward revision of forecasts for Descente and Kolon reflects a positive outlook on the multi-brand strategy [1] - Anta's recent business developments with Jack Wolfskin and Musinsa are anticipated to drive long-term growth [1] Investment Rating - The investment bank maintains a "Buy" rating for Anta Sports, with an increased target price of HKD 114.7 from HKD 106 [1]