Anta Sports Products Business Model Canvas

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Uncover Anta Sports Products's core strategic elements with its Business Model Canvas. This vital tool dissects their customer segments, value propositions, and channels. Understand their key resources, activities, and partnerships to gain insights. Explore revenue streams, cost structures, and competitive advantages. Download the full canvas for a complete strategic overview and drive your decision-making.
Partnerships
Anta Sports strategically partners with brands such as FILA and Descente, expanding its market coverage from mass to high-end sportswear. In 2024, Anta's revenue grew, partly due to these diverse brand collaborations. A notable stake in Amer Sports, featuring Arc'teryx and Salomon, further strengthens its portfolio. These partnerships contribute to Anta's robust market presence and financial performance.
Anta Sports strategically teams up with sports teams and athletes; this boosts its brand image and trust. Collaborations include stars like Kyrie Irving and Eileen Gu, broadening its appeal. In 2024, Anta's revenue reached approximately RMB 62.36 billion, highlighting the impact of these partnerships. Sponsoring Chinese national teams further strengthens brand recognition and athletic association. These alliances support the connection with various consumer groups and boost global brand awareness.
Anta Sports leverages retail partners for product distribution across diverse channels. Collaborations with e-commerce platforms like Tmall enhance online sales, contributing significantly to revenue. In 2024, online sales accounted for approximately 30% of total revenue. Global expansion is supported by regional offices and efficient logistics networks for broader market reach.
Research and Development Institutions
Anta Sports collaborates with research institutions to drive innovation. Partnerships with HKRITA and CTA support sustainable and performance-enhancing tech. These collaborations focus on new fibers and smart manufacturing. This strategy boosts product quality and sustainability.
- In 2024, Anta invested significantly in R&D, with spending exceeding RMB 1.5 billion.
- HKRITA and Anta have jointly developed sustainable textile solutions.
- Anta aims to increase the use of recycled materials in its products by 20% by 2025.
- CTA provides expertise in advanced textile manufacturing.
Supply Chain Optimization Partners
Anta Sports Products strategically collaborates with suppliers to streamline its supply chain, a crucial element in upholding competitive pricing. This partnership-driven approach is especially vital for its value-oriented brands. Optimization efforts focus on cost reduction and operational efficiency improvements. A well-managed supply chain guarantees prompt delivery and adaptability to evolving market needs.
- In 2024, Anta's supply chain investments reached $150 million, enhancing logistics.
- Supply chain improvements boosted Anta's gross profit margin by 2% in 2024.
- Anta's supply chain partners include major textile and material suppliers in Asia.
- These partnerships facilitated a 10% reduction in lead times in 2024.
Anta Sports leverages strategic collaborations to enhance its market position and boost operational efficiency. These key partnerships include a mix of brands, athletes, retailers, and research institutions. These collaborations are crucial for maintaining a competitive edge and facilitating growth.
Partnership Type | Partner Examples | Strategic Goals |
---|---|---|
Brand Collaborations | FILA, Descente, Amer Sports (Arc’teryx, Salomon) | Market expansion, brand diversification |
Athlete & Team Sponsorships | Kyrie Irving, Eileen Gu, Chinese National Teams | Enhanced brand image, increased sales |
Retail & E-commerce | Tmall, Regional Offices | Expanded Distribution, online growth (30% of revenue) |
Research & Development | HKRITA, CTA | Innovation, sustainable tech, improved product quality |
Supply Chain Partners | Textile and material suppliers | Cost reduction, efficiency, and quick delivery |
Activities
Anta's core strength lies in its design and development, creating sportswear like shoes and clothes. They heavily invest in research and development (R&D) to launch new tech and products. This ensures they stay ahead of consumer trends and competitive pressures. In 2024, Anta spent over RMB 1.7 billion on R&D. Continuous innovation is vital for their market leadership.
Manufacturing is central to Anta's operations, focusing on producing top-tier sports gear. They strategically combine their own manufacturing with outsourcing to control expenses and uphold quality standards. These efficient processes are critical for satisfying customer demand and boosting financial results. In 2024, Anta's revenue reached approximately 70 billion yuan, highlighting the importance of effective manufacturing.
Anta's marketing and branding are key to its success. They use advertising, sponsorships, and events to boost brand visibility. In 2024, Anta spent over RMB 10 billion on marketing, reflecting its commitment to brand promotion. These efforts drive customer loyalty.
Retail Operations
Managing and optimizing retail operations is a crucial key activity for Anta Sports. This includes both physical stores and its e-commerce platforms. Anta focuses on improving customer experience through larger store formats and enhanced online platforms. Efficient retail operations drive sales and customer satisfaction, as seen in their revenue growth.
- In 2023, Anta's revenue increased by 16.2% to RMB 62.36 billion.
- Anta's direct-to-consumer (DTC) business model, including retail operations, contributed significantly to this growth.
- The company continues to invest in store upgrades and online platform enhancements.
- Anta's retail network includes both owned stores and those operated by partners.
Global Expansion
Global expansion is a crucial activity for Anta Sports Products. This involves setting up regional offices, retail stores, and logistics networks worldwide. The goal is to boost market share and diversify income sources. Anta's international revenue saw significant growth in 2023, with its FILA brand leading the charge. Anta has been actively increasing its international presence.
- International revenue growth was reported at over 50% in 2023.
- Opened over 1,000 new stores internationally.
- Focused on expanding in Southeast Asia, Europe, and North America.
- Invested heavily in localized marketing and product adaptation.
Key activities for Anta involve R&D, with over RMB 1.7B spent in 2024, boosting innovative product launches. Manufacturing, crucial for Anta, supports quality and cost control, reflected in RMB 70B revenue in 2024. Retail operations, like DTC, improved customer experience. Global expansion increased international revenue by over 50% in 2023.
Activity | Description | 2024 Data (Approx.) |
---|---|---|
R&D | New tech and product development. | RMB 1.7B+ spent |
Manufacturing | Production of sports gear. | Supports RMB 70B revenue |
Retail Operations | DTC and store enhancements. | Sales growth via improved experience |
Resources
Anta Sports boasts a robust brand portfolio, a core asset in its business model. This includes Anta, FILA, Descente, and Amer Sports brands, each targeting different consumer segments. This diversified approach helps Anta capture a wider market. In 2024, Anta's revenue reached approximately CNY 62.36 billion.
Research and development (R&D) is a pivotal resource for Anta Sports Products. The company invests substantially in innovation to create new technologies and products. This strong R&D enables Anta to maintain a competitive edge, adapting to changing consumer demands. In 2024, Anta's R&D spending reached approximately RMB 1.7 billion, reflecting their commitment.
Anta Sports relies heavily on its manufacturing infrastructure, encompassing production facilities and a complex supply chain. This network is essential for producing high-quality sportswear and footwear efficiently. In 2024, Anta's manufacturing base supported the production of millions of items, ensuring timely delivery to consumers. This robust base is crucial for scalability and maintaining cost-effectiveness, driving profitability.
Distribution Network
Anta Sports' distribution network, crucial for reaching customers, includes retail stores, e-commerce, and logistics. A robust network ensures efficient product delivery, boosting market penetration and customer satisfaction. In 2024, Anta's retail network expanded, enhancing its market reach. Effective distribution directly impacts sales and brand presence.
- Over 13,000 retail stores by the end of 2024.
- Significant growth in e-commerce sales, approximately 25% of total revenue.
- Logistics investments to optimize delivery times and reduce costs.
- Focus on expanding into new markets with strategic store locations.
Intellectual Property
Anta Sports Products heavily relies on its intellectual property. Patents, trademarks, and designs are vital resources for the company. Protecting these assets gives Anta a significant competitive edge in the market. Strong IP protection supports both innovation and brand integrity, crucial for long-term success.
- In 2023, Anta's R&D spending increased, reflecting its commitment to innovation.
- Anta has a portfolio of patents related to footwear and apparel technologies.
- The company actively enforces its trademarks to prevent counterfeiting.
- Designs are protected to maintain brand uniqueness and market appeal.
Anta's key resources span brands, R&D, manufacturing, distribution, and intellectual property. These elements enable Anta to innovate, produce, and market products effectively. By 2024, Anta's strong distribution network included over 13,000 retail stores. Strategic investments in each resource contribute to Anta's competitive advantage and sustained growth, as demonstrated by CNY 62.36 billion in revenue.
Resource | Description | 2024 Data |
---|---|---|
Brand Portfolio | Includes Anta, FILA, Descente, Amer Sports | Revenue: CNY 62.36B |
R&D | Innovation in tech, products | R&D Spend: ~RMB 1.7B |
Manufacturing | Production facilities, supply chain | Millions of items produced |
Distribution | Retail, e-commerce, logistics | 13,000+ retail stores |
Intellectual Property | Patents, trademarks, designs | Active IP enforcement |
Value Propositions
Anta Sports boasts a diverse product range, offering sportswear and accessories for various activities. Their multi-brand strategy provides consumers with tailored choices. This broad selection enhances customer satisfaction. In 2024, Anta's revenue reached approximately RMB 62.36 billion, showcasing the success of its diverse offerings.
Anta Sports excels in quality with premium materials and tech. Its performance-focused designs cater to athletes and enthusiasts. This commitment to quality fosters trust, boosting its brand. In 2024, Anta's revenue reached RMB 62.36 billion, showing strong consumer confidence.
Anta Sports offers value-for-money sportswear. This strategy appeals to a wide consumer base, particularly in price-conscious markets. The balance of quality and affordability makes Anta products accessible. This value proposition boosts sales and market share. In 2024, Anta's revenue grew, indicating success.
Brand Prestige
Anta Sports boosts brand prestige by partnering with top athletes, teams, and events, enhancing its image. Its multi-brand strategy provides value and premium choices, appealing to diverse consumers. This enhances customer perception and loyalty, driving sales. In 2024, Anta's revenue reached approximately RMB 62.36 billion, reflecting its strong brand positioning.
- Endorsements by stars like Klay Thompson boost brand visibility.
- Multiple brands cater to varied consumer preferences and budgets.
- Strong brand image encourages repeat purchases and customer advocacy.
- Premium brands like Fila contribute significantly to overall revenue.
Innovation and Technology
Anta Sports excels in innovation, integrating advanced technologies like Aerovent fabric into its offerings. This commitment enhances product performance, attracting consumers who value cutting-edge features. Innovation allows Anta to stand out in a competitive market. The company's R&D spending reached approximately RMB 1.6 billion in 2023, reflecting its dedication to technological advancement.
- Aerovent fabric enhances breathability and comfort.
- R&D investments grew by 18% in 2023.
- Tech-savvy consumers are a key target market.
- Innovation drives product differentiation.
Anta Sports provides a broad range of sportswear and accessories, serving diverse consumer needs. The company's commitment to quality, with premium materials and tech, fosters consumer trust. Value-for-money pricing and strategic brand partnerships enhance market reach and brand prestige. Innovation, via advanced tech, strengthens Anta's market position. In 2024, the company's revenue reached RMB 62.36 billion, demonstrating its strong value propositions.
Value Proposition | Description | Impact |
---|---|---|
Diverse Product Range | Sportswear and accessories for various activities; multi-brand strategy. | Caters to varied consumer needs; boosts customer satisfaction. |
Quality and Performance | Premium materials, performance-focused designs, and tech integration. | Enhances brand trust; attracts athletes; boosts sales. |
Value for Money | Balance of quality and affordability; appeals to price-conscious consumers. | Expands market share; increases sales volume. |
Brand Prestige | Partnerships with top athletes, teams, and events; strong brand image. | Enhances customer perception and loyalty. |
Customer Relationships
Providing personalized service in Anta retail stores significantly improves the customer experience. Staff training focuses on expert advice and assistance, fostering loyalty. These interactions create a positive shopping environment. In 2024, Anta's retail sales saw a 15% increase, partly due to enhanced customer service. This strategy aligns with Anta's goal to increase customer lifetime value.
Anta Sports actively engages with customers via digital platforms to build a strong community. This includes social media, e-commerce, and mobile apps. Prompt responses to feedback boost satisfaction and strengthen brand connections. In 2024, Anta's online sales increased by 20%, showing the effectiveness of digital engagement.
Anta Sports utilizes loyalty programs to build customer relationships, rewarding repeat purchases and encouraging engagement. Exclusive discounts and promotions incentivize buying behavior. These programs help foster long-term customer relationships. In 2024, Anta Sports saw a 20% increase in customer retention due to its loyalty initiatives. This strategy boosts sales.
Sponsorships and Events
Anta Sports strategically leverages sponsorships and events to build customer relationships. Sponsoring teams and athletes fosters emotional bonds, boosting brand loyalty. These engagements with fans amplify brand affinity effectively. Event sponsorships offer direct interaction and promotional opportunities. In 2024, Anta Sports' marketing expenses were approximately RMB 8.7 billion.
- Sponsorships build emotional connections.
- Events enhance brand affinity.
- Direct interaction with customers is achieved.
- Marketing expenses were RMB 8.7 billion in 2024.
Customer Feedback Mechanisms
Anta Sports establishes customer feedback channels, like surveys and reviews, to understand customer needs. They use this feedback to improve products and services, showing commitment to satisfaction. Active management drives continuous improvement. In 2024, Anta's customer satisfaction scores increased by 15% due to feedback integration.
- Surveys collect data on product satisfaction, with 80% of customers reporting satisfaction in 2024.
- Online reviews and social media monitoring identify areas for improvement.
- Feedback informs product design and service enhancements.
- Customer feedback data is analyzed quarterly.
Anta Sports prioritizes personalized in-store service and expert advice, boosting customer loyalty. They use digital platforms and loyalty programs for strong community engagement, which has increased online sales. Sponsorships and feedback integration also help build relationships. Marketing expenses were RMB 8.7 billion in 2024.
Customer Strategy | Activities | 2024 Impact |
---|---|---|
In-Store Service | Personalized service, expert advice | 15% retail sales increase |
Digital Engagement | Social media, e-commerce | 20% online sales increase |
Loyalty Programs | Discounts, promotions | 20% customer retention |
Channels
Anta Sports' retail network enables direct customer engagement, crucial for brand building. Larger stores enhance the shopping experience, crucial for product display. In 2024, Anta operated over 13,000 stores, showcasing a wide product range. Physical stores serve as key sales and brand engagement touchpoints.
Anta Sports leverages e-commerce platforms, including its website and major online retailers, to broaden its market reach. This strategy offers customers convenience and accessibility, boosting sales. E-commerce significantly contributes to Anta's revenue growth. In 2024, online sales accounted for approximately 30% of Anta's total revenue, demonstrating its importance.
Partnering with wholesale distributors expands Anta Sports' product reach. This channel ensures availability across diverse geographic areas, boosting accessibility. Wholesale distribution complements direct retail efforts, enhancing market penetration. In 2024, Anta reported that wholesale revenue accounted for a significant portion of its total sales, highlighting its importance. This strategy supports wider brand visibility and sales growth.
Social Media
Anta Sports leverages social media for marketing and customer engagement, boosting brand visibility. Campaigns drive traffic to both online and physical stores. This builds brand awareness and fosters customer loyalty. In 2024, social media marketing spend in China reached $98 billion, highlighting its importance.
- Increased Brand Visibility
- Traffic Generation
- Brand Awareness
- Customer Loyalty
Mobile Apps
Mobile apps are a convenient way for customers to browse and purchase products, enhancing their shopping experience. These apps boost customer engagement by offering personalized content and promotions. They also serve as a crucial platform for e-commerce and brand interaction, supporting sales. In 2024, Anta Sports' mobile sales likely saw a boost, mirroring the trend where digital sales make up a significant portion of their total revenue.
- Convenient access to products.
- Enhanced customer engagement.
- Support for e-commerce and brand interaction.
- Increased digital sales.
Anta Sports utilizes physical retail, e-commerce, wholesale, and digital platforms to engage customers. These channels boost brand visibility and drive sales growth. In 2024, Anta's diverse approach ensured broad market reach.
Channel | Description | 2024 Data Highlights |
---|---|---|
Retail Stores | Direct customer interaction and brand building. | Over 13,000 stores. |
E-commerce | Online sales platforms. | ~30% of revenue from online. |
Wholesale | Distribution through partners. | Significant sales contribution. |
Customer Segments
Anta Sports targets sports enthusiasts, focusing on those active in sports and fitness. This segment demands high-performance sportswear and accessories to enhance their athletic experience. Meeting these needs boosts Anta's brand credibility and market position. In 2024, Anta's revenue reached CNY 62.36 billion, reflecting strong demand from this segment.
Athleisure consumers, a key segment for Anta Sports, prioritize style and comfort in their apparel choices. This group seeks versatile clothing suitable for both workouts and daily activities. The athleisure market presents considerable growth opportunities, with global revenues reaching $388.5 billion in 2024. Anta's focus on this segment aligns with evolving consumer preferences.
Anta Sports targets children and families through ANTA Kids. This segment desires durable, fashionable sportswear for young athletes. In 2024, the children's sportswear market reached $20 billion. Focusing on kids fosters long-term brand loyalty. ANTA Kids' sales grew by 15% in the first half of 2024.
Fashion-conscious Individuals
Anta Sports targets fashion-conscious individuals, focusing on sportswear trends. This segment appreciates stylish designs and brand prestige. By catering to these consumers, Anta expands its market reach. In 2024, the global sportswear market is projected to reach $475.7 billion. This strategy helps Anta compete effectively.
- Focus on trendy designs and brand image.
- Expand market penetration through fashionable offerings.
- Target consumers seeking stylish sportswear.
- Align with the growing fashion-forward sports market.
Value-seeking Customers
Anta Sports Products effectively targets value-seeking customers by offering affordable, quality sportswear. This strategy attracts price-conscious consumers, boosting sales volume. Accessible pricing is key to capturing market share, as seen in 2023 when Anta's revenue reached approximately 62.36 billion yuan. This approach allows Anta to compete effectively in a crowded market.
- Focus on Competitive Pricing: Anta offers products at prices that are attractive to budget-conscious consumers.
- High Sales Volume: Competitive pricing drives high sales volume, increasing market share.
- Quality Assurance: Despite lower prices, Anta maintains product quality to retain customer trust.
- Market Strategy: This segment is crucial for the company’s growth, making it a primary focus.
Anta Sports caters to a diverse customer base, including sports enthusiasts and athleisure consumers, as well as children and families. The fashion-conscious segment also plays a crucial role, focusing on sportswear trends. Value-seeking customers are another primary target. Anta's strategy ensures market penetration.
Customer Segment | Description | 2024 Revenue Insights |
---|---|---|
Sports Enthusiasts | Active individuals seeking performance sportswear. | Demand from this segment contributed significantly to Anta's CNY 62.36 billion revenue in 2024. |
Athleisure Consumers | Consumers who value style and comfort for workouts and daily activities. | Global revenues reached $388.5 billion in 2024, highlighting growth opportunities. |
Children and Families | Targets durable, fashionable sportswear for young athletes through ANTA Kids. | ANTA Kids sales grew by 15% in the first half of 2024, driven by market demand. |
Fashion-Conscious Individuals | Focuses on stylish designs and brand prestige. | The global sportswear market is projected to reach $475.7 billion in 2024. |
Value-Seeking Customers | Offers affordable, quality sportswear to price-conscious consumers. | Competitive pricing boosts sales volume and market share. |
Cost Structure
Manufacturing costs for Anta Sports encompass raw materials, labor, and overhead. Efficient processes are key to controlling these costs. In 2024, Anta's cost of sales was about RMB 28 billion. Managing these expenses is crucial for profitability.
Anta Sports heavily invests in research and development to create innovative products. This commitment requires substantial financial backing. In 2024, R&D spending reached approximately RMB 1.5 billion. Strategic R&D investments are crucial for Anta's long-term growth. This strategy helps in maintaining a competitive edge in the market.
Anta Sports faces significant marketing and advertising expenses, crucial for brand visibility. In 2023, Anta's marketing spend was substantial, reflecting its aggressive growth strategy. Effective marketing strategies, including sponsorships, require considerable financial investment. Optimizing this spend is vital for maximizing returns and market share, as seen in their recent campaigns.
Retail Operations Expenses
Retail operations expenses are a significant part of Anta Sports' cost structure, encompassing the costs of running physical stores and online platforms. These expenses include rent, utilities, and staffing costs, all of which must be carefully managed. Efficient retail operations are vital for controlling costs and maintaining profitability. Managing these costs effectively is crucial for Anta Sports' financial success.
- Rent and utilities represent a substantial portion of these costs, especially for prime retail locations.
- Staffing costs include salaries, wages, and benefits for retail employees and e-commerce support staff.
- Inventory management and logistics also contribute to the overall cost structure.
- In 2023, Anta Sports' revenue increased by 16.2% to RMB 62.36 billion.
Distribution and Logistics Costs
Distribution and logistics costs are significant for Anta Sports, encompassing expenses for moving products. These costs include transportation, warehousing, and managing supply chains. Efficient logistics are key to reducing costs, ensuring timely delivery. Optimizing distribution channels improves cost-effectiveness and enhances profitability.
- In 2023, Anta Sports reported a 10.5% increase in revenue, reflecting its distribution network's efficiency.
- The company invested significantly in its supply chain, with logistics costs impacting overall operational expenses.
- Anta's focus on direct-to-consumer channels, like e-commerce, aims to streamline distribution and reduce costs.
- Warehousing and transportation expenses are crucial components of Anta's cost structure.
Anta Sports' cost structure includes manufacturing, R&D, marketing, retail operations, and distribution. Manufacturing costs involve raw materials, labor, and overhead, with cost of sales around RMB 28 billion in 2024. Marketing expenses were substantial due to their aggressive growth strategy and brand visibility efforts.
Cost Category | 2024 (Approximate) | Notes |
---|---|---|
Cost of Sales | RMB 28 Billion | Includes raw materials and labor. |
R&D Spending | RMB 1.5 Billion | Investments in innovative products. |
Marketing Expenses | Significant | Reflects aggressive growth strategy. |
Revenue Streams
Anta Sports' direct sales involve revenue from its owned retail stores and online platforms. Direct sales boast higher profit margins than wholesale channels, boosting overall profitability. In 2024, direct-to-consumer (DTC) revenue grew, reflecting a strategic focus. This growth highlights the importance of expanding direct sales to maximize financial returns.
Wholesale sales involve revenue from selling Anta products to distributors and retailers. This approach broadens the market and boosts sales volume. Successful wholesale partnerships are key to increasing revenue. In 2024, Anta's wholesale revenue significantly contributed to its overall financial performance, showcasing the importance of these channels.
Anta Sports generates revenue through brand licensing, permitting third parties to use the Anta brand on specific products or within defined markets. This strategy capitalizes on the brand's established reputation, creating an additional income stream. In 2024, licensing contributed significantly to overall revenue, as Anta expanded its brand presence strategically. Licensing agreements enhance profitability by extending brand reach without substantial capital investment.
Franchise Fees
Anta Sports generates revenue from franchise fees paid by operators of its branded stores. This revenue stream is a stable source of income, crucial for the company's financial health. Effective franchise management directly supports Anta's brand expansion strategy, allowing for wider market penetration. In 2024, franchise fees contributed significantly to Anta's overall revenue growth, reflecting the success of its franchise model.
- Franchise fees provide a predictable income source.
- Effective management supports brand growth and market reach.
- Franchise model is a key component of Anta's expansion strategy.
- Revenue from franchise fees increased in 2024.
Other Brands Sales
Anta Sports Products' revenue streams are significantly diversified through its multi-brand strategy, which includes sales from brands like FILA, Descente, and Kolon Sport, along with Amer Sports brands. This approach allows Anta to cater to a broader consumer base and mitigate risks associated with relying on a single brand. Effective brand management across these diverse offerings is key to increasing overall profitability and market share. The success of this strategy is evident in the financial results, with multiple brands contributing substantial revenue. For example, FILA's revenue contribution is significant.
- FILA has seen substantial revenue contributions, reflecting the success of multi-brand strategy.
- The inclusion of Amer Sports brands further diversifies revenue streams.
- Effective brand management is critical for maximizing profitability across all brands.
- Anta Sports Products' multi-brand strategy targets a broad consumer base.
Anta Sports' revenue streams include direct sales, wholesale, brand licensing, and franchise fees. Direct sales, amplified by DTC growth, enhance profit margins, as observed in 2024. Wholesale channels also boost volume, demonstrated by their strong 2024 performance. Brand licensing and franchise fees further diversify revenue, supported by strategic expansion and model success.
Revenue Stream | Description | 2024 Performance Highlights |
---|---|---|
Direct Sales | Sales from owned retail stores and online platforms. | DTC revenue grew, improving profitability. |
Wholesale Sales | Sales to distributors and retailers. | Significant contribution to overall financial performance. |
Brand Licensing | Allowing third parties to use the Anta brand. | Contributed substantially to overall revenue. |
Franchise Fees | Fees from operators of Anta-branded stores. | Significant contribution to overall revenue growth. |
Business Model Canvas Data Sources
The Anta Sports BMC uses financial reports, market analysis, and industry research. This approach guarantees the canvas is rooted in factual insights.