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The Chinese sportswear giant announced plans for the first Fila-branded hotel, dubbed Fila House, in Shanghai in conjunction with Hyatt Group.
The hotel is expected to open in 2024 as a part of Anta’s new Shanghai headquarters. The group acquired the Italian brand’s China business in 2009. Fila contributed almost 20 billion yuan ($3.17 billion) revenue to the Anta Sports group in its latest quarter with a year-on-year growth rate of over 25 percent.
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The World’s Third Largest Sportswear Company May Surprise You
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In sportswear, only Nike and Adidas have a higher market cap than Chinese giant Anta. Having surpassed other international rivals in China, the ambitious group now aims to go global.
