Li Ning aims to be back in the black by this year’s end
In the first six months, Li Ning, the large Chinese marketer of sportswear and shoes, managed to reduce its net loss substantially to 29.4 million yuan renminbi (€4.1 million) compared with RMB 585.8 million (€82.0 million) in the previous year’s first half. Sales soared by 16 percent to RMB 3.6 billion (€507.6 million). Company founder […]