News: Li Ning Co Ltd (2331.HK)
28 Aug 2015
Wed, Aug 12 2015
* Q2 same-store sales growth in retail in high-teens (Add management comment, details)
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.
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.
* Aims to add net 500 stores in 2015, expects store sales to grow
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.
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.
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.