Thursday, March 19, 2015

Li Ning reports loss of 781 million yuan as founder takes reins





Chinese sportswear brand Li Ning reported a loss of 781 million yuan (HK$972 million) for last year and announced that its namesake founder will take over as interim chief executive as part of a restructuring plan.









via South China Morning Post - Business feed http://ift.tt/1GryU8x

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