Li Ning’s sales growth is driven by apparel

2011-03-29T00:00:00

Li Ning Company booked a 13.0 percent increase in full-year revenues to RMB 9.48 billion (€1.0m-$1.4m) thanks to a 15.6 percent rise in apparel sales to RMB 4.54 billion (€490.3m-$692.1m). Sales growth of the key Li-Ning brand, which represents 92.1 percent of group revenues, was roughly in line with the ...

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