Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Chinese sportswear brand, Li-Ning has disclosed some of their business performance figures for the first half of 2018. The income revenue was CNY4.713bn (17.9% year-on-year growth) and the net profit was CNY269m, which was a 42% year-on-year growth.
Li-Ning attributes reasons for their growth in revenue to steady and fast increases in their online e-commerce revenues and improved sales performances of their physical stores. Distributors of Li-Ning products also achieved better and better sales results, contributing to the overall success of sales.
Li-Ning thinks that consumers have better acknowledgement and acceptance of their brand now. In the mean time, their physical stores are being managed and operated better.
Being one of the top Chinese sportswear brands, Li-Ning suffered some difficulties a few years ago, but it seems they have successfully overcome them and are now operating better.
Reference: ChinaSSPP.com
Proofread by Raymond Fitzpatrick
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
Li-Ning signs with Trail Blazer star CJ. McCollum
11 Oct 2017
Sportswear to outpace casinos as Chinese consumers earn more
09 Jan 2015
Li-Ning Sports Park intend to collaborate with Machong Town
11 May 2015
Li-Ning to sponsor Club Puebla
07 May 2018
2017 TOP 50 Most Influential Sports Brands in China released
08 Jan 2018
More from Yutang Sports
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
A turning point for global sport: IBA President Umar Kremlev and Donald Trump Jr join forces
30 Sep 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...