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Amer Sports Inc.’s stock soared into record territory on Tuesday, after the footwear, mountain climbing and ski-gear maker managed to grow its business in China, even as larger rivals such as Nike Inc. have struggled.
Amer Sports
AS said its sales of its Salomon footwear continued to ”grow very well” in China in its latest quarter, as did its Wilson Tennis 360 shops, as the company tapped into the “high quality and fastest-growing” consumer market there, the premium sports and outdoor market.
