Li Ning has reportedly liquidated its Spanish subsidiary, LN Plus Iberomérica, after a settlement of its debts with the outstanding creditors. The bankruptcy proceedings started in 2012. The Spanish brand had entered the market in 2009.
Register a free account or login to unlock 3 more articles each week
SIGN-IN if you are already a subscriber of SGI Europe.

Already a subscriber? Sign in
Ready for unlimited coverage?
Upgrade to Professional or Premium for unlimited access to exclusive reports,
C-suite interviews, market analysis, and industry-wide research—with team licensing included.
Already registered? Sign in here