News: Li Ning Co Ltd (2331.HK)

2331.HK on Hong Kong Stock

28 Aug 2015
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Wed, Aug 12 2015

UPDATE 1-China's Li Ning narrows loss in H1, promises profit by year-end

* Q2 same-store sales growth in retail in high-teens (Add management comment, details)

China's Li Ning narrows loss, promises profit by year-end

HONG KONG, Aug 13 - Chinese sportswear maker Li Ning Co Ltd on Thursday posted a narrower first-half loss as it resumed store expansion into lower-tier cities after years of restructuring, and said it aims to return to profit by the end of 2015.

China's Li Ning says vice-chairman Kim resigns, names new director

HONG KONG - Chinese sportswear maker Li Ning Co Ltd said on Friday that Jin-Goon Kim, formerly interim CEO, had resigned as executive director and executive vice-chairman with effect from July 4 to pursue other business commitments.

UPDATE 2-Founder of China's Li Ning returns to lead turnaround after third annual loss

* Aims to add net 500 stores in 2015, expects store sales to grow

China's Li Ning eyes mid to high single digit growth in same-store sales

HONG KONG, March 19 - Chinese sportswear maker Li Ning Co Ltd said on Thursday it aims to achieve mid to high single digit growth in same-store sales this year, as it focuses on the company's turnaround efforts.

China sports brand Li Ning posts third year of losses

HONG KONG, March 19 - Chinese sports brand Li Ning Co Ltd posted a loss for a third year in a row as it invests in a restructuring plan, and said it has appointed executive chairman Li Ning as its interim chief executive.

China's Li Ning to team up with Xiaomi on "smart" running shoes

HONG KONG, March 16 - China's Li Ning Co Ltd is teaming up with Chinese smartphone maker Xiaomi to produce a new generation of "smart" running shoes this year, in the sports brand's latest effort to revive its waning fortunes.

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