BUZZ-ANTA Sports rises on buying German co Jack Wolfskin

Reuters
11 Apr
BUZZ-ANTA Sports rises on buying German co Jack Wolfskin

** ANTA Sports Products 2020.HK rises 3.7% to a one-week high of HK$84.6; set for fourth consecutive session of gains

** China's home grown sportswear group buys German outdoor wear and equipment maker Jack Wolfskin for $290 mln to grow its outdoor sports segment, accelerate its global expansion strategy

** Says Q1 retail sales of ANTA and FILA products posted high-single digit positive growth

** Stock up 6.9% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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