By comparison, Anta is tiptoeing into the international market with a multi-brand strategy.

Source: https://seekingalpha.com/article/4650584-anta-sports-takes-its-game-to-southeast-asia?source=feed_all_articles

It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering.

Source: https://www.americanbankingnews.com/2023/04/17/johnson-financial-group-llc-trims-stake-in-super-group-limited-nysesghc.html

Now moving to wholesale sales, which -- sales to monobrand franchise partners and third-party multi-brand retail partners, sales to agents and royalty income.

Source: https://seekingalpha.com/article/4651043-compagnie-financiere-richemont-sa-cfrhf-q2-2024-earnings-call-transcript?source=feed_all_articles

The company has a network of 3,468 stores across approximately 28,585 multi-brand outlets with 6,515 points of sales in department stores across India (as on March 31, 2022).

Source: https://www.thehindubusinessline.com/companies/aditya-birla-fashion-to-acquire-51-stake-in-tcns-clothing-for-1650-crore/article66817984.ece

We think about our multi-brand partners in three complementary groups that each serve distinct needs.

Source: https://seekingalpha.com/article/4614510-nike-inc-nke-q4-2023-earnings-call-transcript?source=feed_all_articles

Zalando is active in a variety of business fields - from multi-brand online shopping (including their brands), the shopping club Lounge by Zalando, outlets, as well as logistics and marketing offers for retailers.

Source: https://seekingalpha.com/article/4658806-zalando-a-top-pick-in-a-struggling-industry?source=feed_all_articles