CHINA: Li Ning in profit warning as sales slump
Sportswear brand Li Ning says full-year profits in 2012 are set for a “substantial decline” as sales continue to fall, with apparel orders down by as much as 20%.
Sportswear brand Li Ning says full-year profits in 2012 are set for a “substantial decline” as sales continue to fall, with apparel orders down by as much as 20%.