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Better year for Li Ning as Chinese consumers embrace sport

23/03/2016

Chinese sports apparel and footwear company Li Ning has announced full-year revenues for 2015 of $1.1 billion and earnings for the year of $24.2 million. These figures represent a year-on-year increase of 17% in revenues and a significant turnaround on earnings as the company made a loss of almost $100 million in 2014. It said on announcing the...

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