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Li Ning Company Limited (LNNGY)
- South China Morning Post
Li Ning feels the lethargy from China's consumption slowdown as first-half profit slips 8%
Chinese sportswear giant Li Ning hopes to "ride the wave" of the Paris Olympics in an effort to attract more customers, after posting an 8 per cent profit decline amid an uncertain economic outlook. The Beijing-headquartered company posted a profit of 1.95 billion yuan (US$217.7 million) for the six months ended June, according to a filing to the Hong Kong stock exchange on Friday. Revenue rose 2.3 per cent year on year to 14.3 billion yuan. The country's biggest sportswear manufacturer lowered
- Insider Monkey
15 Largest Shoe Companies in the World
In this article, we will be covering the 15 largest shoe companies in the world. If you want to skip our detailed analysis of the global footwear market, you can go directly to 5 Largest Shoe Companies in the World. The Global Footwear Market: Key Trends and Analysis The global footwear market is a dynamic […]
