Chinese Sports Brands Eye Europe Ahead of 2026 Winter Olympics
February 7, 2026
Chinese sports brands are gearing up for big moves in Europe ahead of the 2026 Winter Olympics. Li Ning plans new strategies for overseas customers to "achieve a breakthrough abroad," though so far, overseas sales remain small. In the first half of 2025, Li Ning’s sales outside China were just 250 million yuan (US$36 million), only 1.7% of its total revenue of 14.8 billion yuan (US$2.13 billion). Anta is making more progress. It recently bought a 29% stake in German sportswear giant Puma for €1.5 billion (US$1.77 billion). Anta also became an official sportswear supplier to the International Olympic Committee in 2019. Meanwhile, TCL has already secured a strong place in Europe. Its TVs rank among the top three in retail sales in countries like France, Spain, and Poland, as reported in its first-half 2025 results. The 2026 Winter Olympics serve as a stage for these Chinese firms to boost their global profile and face new challenges abroad.
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Tags:
Chinese Sports Brands
2026 winter olympics
Li-ning
Anta
Puma Acquisition
European expansion
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