Who is behind the mysterious Chinese brand that outfits Brazil in the Olympics?

Although it is unknown to the general Brazilian public, Peak Sport launched its first running shoes in 1989, but started its global expansion only in 2006 - nine years after having more than 6 thousand official resellers in China.

RIO DE JANEIRO, BRAZIL - Peak Sport is the official supplier of the Brazilian Olympic Committee, but only 24 athletes have chosen the company.

You may have never heard of Peak Sport, a Chinese company that supplied the uniforms of the Brazil Team at the Tokyo Olympics in Japan - even though it has no commercial representation in Brazil.

More curious is that only eight years after the IPO in the Hong Kong stock exchange, in 2009, the supplier had its shares delisted (OPA) because of their low yields.

The costumes are mandatory for the Olympic Village, travel, podiums, and ceremonies. 39 . . .

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