Li Ning Company Limited

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Li Ning expects profit by year-end as H1 loss narrows Katie Smith | 13 Aug 15

Chinese sporting goods business Li Ning has said it aims to return to profit by the end of 2015, after revenue growth helped to narrow its first-half loss.

CHINA: Li Ning names former Guess exec CFO Katie Smith | 19 Apr 13

Chinese sportswear retailer Li Ning has appointed former Guess Inc and Levi Strauss executive Terence Tsang as its new chief financial officer.

CHINA: Li Ning to sell 25% stake to Viva Katie Smith | 17 Oct 12

The founder of Chinese sportswear retailer Li Ning plans to sell a 25% stake in the company to talent management group Viva China Holdings as he attempts to turnaround the business.

CHINA: Li Ning CFO Chong resigns Petah Marian | 12 Oct 12

The CFO of Li Ning, Chong Yik Kay, is set to leave the troubled Chinese sportswear retailer.

CHINA: Li Ning first-half profits tumble 85% Petah Marian | 22 Aug 12

Chinese sportswear retailer Li Ning has seen first-half profit drop 84.9% as it closed almost 1,000 stores.

CHINA: Li Ning CEO exits as part of new turnaround plans Katie Smith | 5 Jul 12

Zhang Zhiyong has stepped down as CEO of Chinese sportswear specialist Li Ning as the company embarks on a multi-year turnaround plan to improve its performance and drive growth.

CHINA: Li Ning to shed jobs, cut costs Richard Woodard | 7 Feb 12

Chinese sportswear specialist Li Ning Company is embarking on a cost-cutting initiative and business restructuring, axing jobs in the face of falling sales.

CHINA: C&A and Li-Ning to cut hazardous chemical use Petah Marian | 21 Nov 11

Retailer C&A and Chinese sportswear brand Li-Ning have joined Adidas, H&M, Nike and Puma in pledging to eliminate the use of hazardous chemicals throughout their supply chains.

HONG KONG: Li Ning books 17.4% jump in FY profit | 16 Mar 11

Chinese sporting goods firm Li Ning has booked a 17.4% jump in full-year profit thanks to higher sales and margins.

Global news roundup | 19 Jan 11

The following is a roundup of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

CHINA: Li Ning FY sales up 3.9% | 17 Jan 11

Chinese sporting goods firm Li Ning estimates that its gross profit margin and net profit margin for 2010 were broadly in line with levels achieved in 2009, after sales increased over the period.

The week ahead on just-style... | 20 Dec 10

Taking a look at the week ahead for the footwear and apparel industry, here is news editor Joe Ayling's snapshot of just-style's latest news and insights agenda.

CHINA: Li Ning sees orders drop 6% | 20 Dec 10

Chinese sporting goods company Li Ning Company has reported a dip in recent orders, citing market pressure.

Top stories on just-style this week... | 5 Nov 10

Here is a roundup of the top five stories on just-style this week. Click on each headline for the full story.

HONG KONG: Li & Fung signs Li Ning sourcing deal | 4 Nov 10

Consumer goods exporter Li & Fung has signed a deal to become a sourcing agent for Chinese sporting goods business Li Ning Company in domestic and international markets.

CHINA: Li-Ning signs up US basketball star | 24 Aug 10

Chinese sportswear company Li-Ning Company has officially entered into a long term endorsement agreement with NBA star Evan Turner, as it looks to boost its presence in the US.

CHINA: Li Ning unveils new logo | 1 Jul 10

Chinese sporting goods firm Li Ning has changed its brand logo and slogan at a launch event in Beijing.

CHINA: Li Ning unveils healthy 2009 profit | 19 Mar 10

Chinese sportswear firm Li Ning Group has posted healthy 2009 profits up 31% to RMB944m (US$138m) on 25% increased revenue to RMB8.4bn.

SINGAPORE: Li Ning moves into badminton with new store | 22 Jul 09

China-based sports goods company Li Ning has opened its first flagship store in Singapore, marking the group’s expansion into the south-east Asia badminton market.

CHINA: Li Ning agrees Chinese badminton deal | 24 Apr 09

Chinese sportswear brand Li Ning has reached a deal to outfit the Chinese national badminton team.

CHINA: Italy’s Lotto signs sportswear deal with Li Ning | 1 Aug 08

Italian sportswear company Lotto Sport Italia has signed a 20-year licensing deal with China’s Li Ning Company Ltd to produce and distribute Lotto brand products in China.

HONG KONG: Li Ning sportswear interim profit up 53% | 4 Sep 07

Buoyed by robust economic growth and surging consumption of its apparel, footwear and accessories in the People’s Republic of China, sportswear brand Li Ning Company Limited has posted a 52.6% surge in first half profit.

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