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Arc’teryx apologises for Tibetan firework stunt after backlash

Arc’teryx, an outdoor clothing brand partially owned by Chinese firm Anta Sorts, has issued an apology after receiving backlash over a promotional event that saw the eruption of multiple fireworks in the Himalayan region of Tibet. The ‘Rising Dragon’ show involved the use of choreographed pyrotechnics and coloured smoke along the Tibetan plateau...

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Jack Wolfskin acquired by Anta Sports for 260 million euros

German outdoor outfitter Jack Wolfskin is getting a new owner. The US-based group Topgolf Callaway Brands Corp. announced on Thursday that it intends to sell the brand to the Chinese sporting goods group Anta Sports Products Limited. A corresponding agreement has already been signed for a basic purchase price of 290 million dollars, which could...

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