China’s Anta Sports is making a bold global move, stepping beyond its home market with a major investment in Puma.
The company acquired a 29 percent stake in the German sportswear brand in a $1.8 billion deal, becoming Puma’s largest shareholder.
This signals Anta’s growing ambition to compete head-to-head with the biggest names in the global sportswear industry.
Image Source: Yicai Global
From Small Workshop to Global Brand
Anta’s journey began in 1986 when founder Ding Shizong, a high school dropout from Fujian, borrowed 10,000 yuan from his father to start reselling shoes. After quickly turning a profit, he reinvested his earnings and built a small manufacturing workshop. This early hustle laid the foundation for what would become one of China’s biggest sportswear companies.
By 1991, Anta had officially launched its own brand and began expanding across China. Over time, the company focused on scaling production, improving product quality, and building strong local distribution. These efforts helped Anta grow from a small business into a global brand with a strong foothold in the sportswear market.
Image Source: CGTN
Competing With the World’s Biggest Brands
Today, Anta controls around 23 percent of China’s sportswear market, surpassing both Nike and Adidas within the country. Its dominance at home has helped fuel its rise on the global stage, where it now ranks as the third-largest sportswear company. This growth reflects both strong local demand and strategic expansion beyond China.
Founder Ding Shizong has made it clear that Anta’s vision goes beyond being a regional leader. Rather than becoming the “Nike of China,” he aims to build what he calls the “Anta of the world.” With its recent investment in Puma, the company is taking a major step toward that goal and solidifying its place among the industry’s global giants.
