Li Ning Expects A Great Second Half

Li Ning, the Chinese athletic company, had a sales increase of 11 percent to 4.5 billion renminbi (€519.9m-$661.1m) for the first half ended June 30. Net income jumped by 23 percent to RMB 581.6 million (€67.2m-$85.4m). The gross margin improved by just 0.1 percentage point to 47.9 percent, and the ...

Already an SGI Europe subscriber? Sign in here

Gated access promo

It’s time to get you onboard. Subscribe today!

  • Insights you won’t find anywhere else about sporting goods brands and retailers and the sporting goods market
  • Highly trusted business information you can rely on to make important decisions
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

 

To continue reading this article Register Now. If you are interested in a Team or Corporate subscription, click here to find out more