Li Ning launches a far-reaching retail cleanup

2012-12-21T00:00:00

Li Ning's board has approved a far-reaching retail cleanup plan that will cost 1.4 billion to 1.8 billion yuan renminbi (€170m-$224m to €219m-$290m), to put an end to the inventory issues that have been plaguing the leading Chinese sports company and the country's entire sports apparel and footwear market in ...

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