China’s Li Ning posts 1H loss of 184m yuan

Li Ning, China’s best known sportswear firm backed by US private equity firm TPG Capital, on Monday reported a smaller-than-expected first-half loss compared with a small profit in the same period a year ago as it was working to clean up inventory and restructure its oper

via Business feed http://www.scmp.com/business/companies/article/1296074/chinas-li-ning-posts-1h-loss-184m-yuan