Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 38 , 10 November 2023


Open Access | Article

Analysis of Cross Border Acquisitions of Chinese Clothing Enterprises - Taking ANTA Sports as an Example

Yang Li * 1
1 Beijing University of Chemical Technology

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 38, 51-58
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yang Li. Analysis of Cross Border Acquisitions of Chinese Clothing Enterprises - Taking ANTA Sports as an Example. AEMPS (2023) Vol. 38: 51-58. DOI: 10.54254/2754-1169/38/20231884.

Abstract

Against the backdrop of China's rapid economic development shifting towards high-quality development, many Chinese enterprises have the willingness and ability to develop cross-border. ANTA Sports, a sports brand in the clothing industry, is such a leading enterprise that has greatly increased brand value and revenue through cross-border acquisitions. It can be said that ANTA Sports has successfully moved from China to the world. This article analyzes the current research situation, recent acquisition trends of ANTA Sports, and the financial situation of the enterprise, and discovers the prominent characteristics of ANTA Sports’ cross-border acquisition and its positive impact on the development of ANTA Sports’ enterprise. It also draws some inspiration about the strategy, innovation and developing trend for the internationalization development of Chinese enterprises.

Keywords

merge and acquisition, ANTA Sports, Chinese enterprises, cross-border acquisition

References

1. Soi, H Y.: Potential Analysis of International Development for Chinese Sportwear Companies[C]//2022 7th International Conference on Social Sciences and Economic Development. Atlantis Press (ICSSED 2022), 2089-2094(2022).

2. Yan, Z.: Risk Analysis of Cross border Mergers and Acquisitions of Chinese Sports Goods Enterprises - Based on ANTA Sports' Acquisition of Amafin [J]. Investment and Entrepreneurship 33(12), 167-169 (2022).

3. Qi, Y., Mei, Q., Xing, H.: Post-Acquisition Control in Cross-Border Acquisition of Chinese Enterprises Base on the Institutional Theory[J]. 2018.

4. Wang, Z.: An Analysis of Anta’s Key Success Factor[C]//2022 2nd International Conference on Enterprise Management and Economic Development. Atlantis Press (ICEMED 2022), 1055-1060 (2022).

5. Niu, C.: The Brand Internationalization of Chinese Sportswear Companies: A Case Study of ANTA Sports and Li-Ning[C]//7th International Conference on Humanities and Social Science Research. Atlantis Press (ICHSSR 2021), 1110-1114 (2021).

6. Chiu, W H., Shih, Y S, Chu, L S, et al.: Merger and acquisitions integration, implementation as innovative approach toward sustainable competitive advantage: a case analysis from Chinese sports brands[J]. Frontiers in Psychology, 13 (2022).

7. Yang, X.: Research on the Internationalization Development of Chinese Autonomous Sports Brands [D]. Donghua University, 1-73 (2016).

8. Chiu, W H., Shih, Y S., Chu, L S., et al. : Merger and acquisitions integration, implementation as innovative approach toward sustainable competitive advantage: a case analysis from Chinese sports brands[J]. Frontiers in Psychology,13 (2022).

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10. Nan, S.: Research on Performance Evaluation of Continuous Mergers and Acquisitions of ANTA Sports [D]. Guangzhou University, 1-56 (2022).

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-097-4
ISBN (Online)
978-1-83558-098-1
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/38/20231884
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated