Li Ning news and archive

Lin Ning posts 2.3 percent H1 revenue growth

In the first half of 2024, Li Ning’s revenue amounted to 14,345 million Chinese yuan, an increase of 2.3 percent. Gross profit for the period increased by 5.8 percent to 7,236 million Chinese yuan and the overall gross profit margin was 50.4 percent, up 1.6 percentage points compared to the corresponding period of last year. The company’s basic...

Fashion Featured

Yu Prize names Ponder.er as 2022 winners

Hong Kong-based gender-inclusive label Ponder.er, founded by Derek Cheng and Alex Po, has been named the winner of this year’s Yu Prize x Li-Ning Grand Award, an accolade launched last year to support emerging Chinese designers. The duo beat off competition from nine other emerging designer labels to win a 1 million renminbi cash prize,...

Fashion Featured

Chinese sportswear brand Li-Ning has products seized at US port after sanctions

Chinese sportswear brand Li-Ning Sporting Goods has found itself in political crossfires after a shipment of sneakers was seized at a US port. Some of Li-Ning’s products are made in North Korea and sanctions levied via Countering America’s Adversaries Through Sanctions Act (CAATSA) resulted in US border control prohibiting the entry of goods...

Fashion Featured

Yu Prize announces 2022 finalists

The annual Yu Prize, which supports emerging Chinese designers, has shortlisted 10 finalists for its 2022 edition from the 20 semi-finalists announced earlier this year. The designers in with a chance of developing a capsule collection with sportswear brand Li-Ning are Alienant by Yuchen Han; Chan Chit Lo; Didu; Louis Shengtao Chen; Marrknull by...

Fashion Featured

China’s fashion journey from manufacturer to emerging designer

BACKGROUND Chinese apparel manufacturers are turning into fashion labels, feverishly working on their original designs. At the same time, a slowdown in growth in the world's second largest retail market makes international expansion increasingly likely to pay off. So what would a Chinese brand with global appeal look like? “Let’s speak about...

Business

Li Ning FY16 sales jump 13 percent

In 2016, the Li Ning company’s revenue reached 8,015 million Chinese yuan (1,166 million dollars), up 13 percent from 2015. The company’s gross profit rose 16 percent to 3,705 million Chinese yuan (539 million dollars), against 3,193 million Chinese yuan (464 million dollars) in 2015. Commenting on the last year’s trading, Li Ning, Founder and...

Apparel

Li Ning joins World Kabaddi League as apparel partner

World Kabaddi League (WKL) has announced its partnership with sports brand Li Ning, as the official apparel partner for its opening edition. The Li Ning Company will provide a wide range of clothing for the games related personnel, including the team kits. World Kabaddi League is slated to kickstart on August 9. With 94 matches and matches...

Apparel

Li Ning H1 revenue down by 24.6 percent

REPORT_ Li Ning Company in its results for the six months ended 30 June 2013 said that its revenue on year-on-year basis decreased by 24.6 percent, whereas gross margin increased slightly to 43.6 percent from 43.2 percent last year. Gross profits declined by 24 percent. The Board of Directors has not declared an interim dividend for the six...

Apparel

Li-Ning opens in Nagaland

Li-Ning, a Chinese athletic apparel and footwear brand, unveiled its first official showroom in Dimapur, Nagaland. The Li-Ning showroom offers badminton sports rackets, footwear, luggage, apparel, and accessories. It is also introducing basketball shoes, as part of the lifestyle products apart from the brand’s exclusive badminton apparel and...