Li-Ning up 13% in the first half
14/08/2023
China-based sports shoe brand Li-Ning has reported year-on-year revenue growth of 13% for the six months ended June 30.
The company said revenues were up “steadily”, increasing to $1.9 billion.
Overall, retail sell-through rose in the low single digits versus the year previous, whereas channel inventory levels saw a “low-single-digit” reduction, it added.
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