Anta will purchase Jack Wolfskin for 290 million USD.

In china, jack wolfskin, the chinese sportswear behemoth, announced on monday that it had reached an agreement with topgolf callaway brands to purchase 100% of its shares in jack wolfskin, the german outdoor brand jack wolfskin.

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Jack wolfskin was a pioneer in hiking, cycling, skiing, and camping, with high-tech innovations such as the brand's texapore series of materials.

Jack wolfskin, a former topgolf executive, made the news in china last year by deciding that its us operations would go to china, which was because it was a topgolf company.

According to topgolf's annual report, anta sports' stock price increased 1.62% to 81.55 usd (10.51 usd) on april 10th, valuing the company at 228.9 billion hkd (29.50 billion usd).

Buying jack wolfskin is a major step forward for not only have an outdoor and performance wear brand under its belt, but also to extend its presence in europe.

2025 dao insights ‐ you can see how the brand has grown in europe.

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