• Loading stock data...
Wednesday, November 13, 2024
DEADLINE EXTENDED: The Best Employers in Sports survey is now open through Nov. 13 Learn More

ANTA to Open FILA-Branded Hotel

  • ANTA is opening a FILA-branded hotel as part of a five-building complex in Shanghai.
  • Hyatt is partnering with ANTA on the venture.
FILA
FILA/Design: Alex Brooks

ANTA Sports is leveraging FILA to pursue a new line of business: hotels.

ANTA is collaborating with Hyatt Hotels to launch a FILA-branded hotel in Shanghai. ANTA bought the Chinese rights to FILA in 2009.

  • The hotel will be part of ANTA’s new Shanghai headquarters, which will include office buildings, shops, and dining outlets.
  • The complex, including FILA HOUSE Shanghai, is expected to open in 2024.

In a similar move, Equinox opened its first branded hotel in New York in 2019. ANTA has not yet said if it plans to open additional FILA-branded hotels.

ANTA Rising

ANTA’s own brand and FILA segment posted nearly equal revenues in the first half of 2021, and both brands have seen strong growth since the early days of the pandemic.

ANTA’s FILA segment brought in $1.71 billion in the six months ending June 30, 2021, and the ANTA brand earned $1.67 billion in that period. Those figures respectively represented 51.4% and 56.1% year-over-year growth.

The company has benefited from boycotts of Nike, Adidas, and Puma in China, as those companies raised concerns over forced labor reports in their Chinese supply chains. Adidas and Puma’s China-based sales fell 15% in Q3 2021, and Nike’s dropped 20% in the previous quarter.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Vanderbilt Commodores quarterback Diego Pavia (2) throws the ball as Auburn Tigers take on Vanderbilt Commodores at Jordan-Hare Stadium in Auburn, Ala., on Saturday, Nov. 2, 2024. Vanderbilt Commodores defeated Auburn Tigers 17-7.

Vandy QB Pavia Sues NCAA for 2 More Years of Eligibility

Diego Pavia beat Alabama. Can he beat the NCAA’s eligibility rules?
April 13, 2019; Oakland, CA, USA; Detail view of Anta shoes worn by Golden State Warriors guard Klay Thompson (11) during the second quarter in game one of the first round of the 2019 NBA Playoffs against the LA Clippers at Oracle Arena.

Nike and Adidas Are Losing Sportswear Share in China

Chinese brands like Anta and Li-Ning are taking Nike’s share of the market.
Brooks Running posted positive numbers in Q1 of 2023.

Brooks Running Is Having Its Best Year Ever

Brooks opened its first store in Shanghai as it pushes into China.

Lululemon-Fanatics Collab With NHL Sees ‘Explosive’ First-Day Sales

The premium collection made up 80% of all NHL merch sales.
podcast thumbnail mobile
Front Office Sports Today

Is Jerry Jones Holding the Cowboys Back?

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.

Bears Revisiting Another Lakefront Location for New Stadium

The site is about 2.5 miles south of Soldier Field.
November 12, 2024

Tropicana Field Repairs Will Cost $55.7 Million and Take a Year

The MLB club will need an alternate home facility for all of the 2025 season.
Nov 10, 2024; Landover, Maryland, USA; Washington Commanders kicker Zane Gonzales (47) kicks a field goal against the Pittsburgh Steelers at Northwest Stadium.
November 12, 2024

RFK Stadium Bill Could Clear Congress in Lame-Duck Session

The legislation would grant D.C. a 99-year lease for the land.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 10, 2024

Rays Future Stadium Deal in Hands of Newly Elected Officials

Newly elected county commission members are expressing heightened skepticism of the club’s agreement.
November 1, 2024

Cubs Agree to Alter Wrigley As Part of DOJ Settlement

The second-oldest MLB ballpark will have to make upgrades again.
November 1, 2024

Rays’ Future Uncertain As Tropicana Field Repairs Begin

The Rays still don’t know where they will play in 2025.
November 1, 2024

Inside Cosm’s Plans for a Fourth Location—and Beyond

The downtown Detroit site will add to the city’s sports and entertainment district.