Li Ning news and archive

Lin Ning posts 2.3 percent H1 revenue growth

In the first half of 2024, Li Ning’s revenue amounted to 14,345 million Chinese yuan, an increase of 2.3 percent. Gross profit for the period increased by 5.8 percent to 7,236 million Chinese yuan and the overall gross profit margin was 50.4 percent, up 1.6 percentage points compared to the corresponding period of last year. The company’s basic...

FashionFeatured

Yu Prize names Ponder.er as 2022 winners

Hong Kong-based gender-inclusive label Ponder.er, founded by Derek Cheng and Alex Po, has been named the winner of this year’s Yu Prize x Li-Ning Grand Award, an accolade launched last year to support emerging Chinese designers. The duo beat off competition from nine other emerging designer labels to win a 1 million renminbi cash prize,...

FashionFeaturedMember

Chinese sportswear brand Li-Ning has products seized at US port after sanctions

Chinese sportswear brand Li-Ning Sporting Goods has found itself in political crossfires after a shipment of sneakers was seized at a US port. Some of Li-Ning’s products are made in North Korea and sanctions levied via Countering America’s Adversaries Through Sanctions Act (CAATSA) resulted in US border control prohibiting the entry of goods...

FashionFeaturedMember

Yu Prize announces 2022 finalists

The annual Yu Prize, which supports emerging Chinese designers, has shortlisted 10 finalists for its 2022 edition from the 20 semi-finalists announced earlier this year. The designers in with a chance of developing a capsule collection with sportswear brand Li-Ning are Alienant by Yuchen Han; Chan Chit Lo; Didu; Louis Shengtao Chen; Marrknull by...

FashionFeaturedMember

China’s fashion journey from manufacturer to emerging designer

BACKGROUND Chinese apparel manufacturers are turning into fashion labels, feverishly working on their original designs. At the same time, a slowdown in growth in the world's second largest retail market makes international expansion increasingly likely to pay off. So what would a Chinese brand with global appeal look like? “Let’s speak about...