TOKYO -- Chinese apparel group Anta Sports Products is set to acquire German outdoor gear maker Jack Wolfskin, as it tacks into trade-war headwinds ripping through corporate China.
Sports group chases global growth just as Beijing seeks tighter ties with Europe
A Jack Wolfskin store in Vienna. An analyst says Trump's tariffs will "have only a minimal impact" on the German brand, "as the company mainly focuses on Europe and China and has no plans for U.S. market expansion." © Reuters
TOKYO -- Chinese apparel group Anta Sports Products is set to acquire German outdoor gear maker Jack Wolfskin, as it tacks into trade-war headwinds ripping through corporate China.