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.
While the purchase reflects the aspirations of Anta — one of the country’s largest homegrown apparel brands — to grow globally, the timing and target arguably align with Beijing’s goals to reach out to Europe as ties with the U.S. plumb new depths.
