• Sat
  • Dec 27, 2014
  • Updated: 5:54pm

361 Degrees

Sportswear shares bounce back

361 Degrees has posted a 9.9 per cent decrease in turnover but hopes to reverse its fortunes by signing on Olympics gold medallist Sun Yang as its spokesman.Photo: Bloomberg

Share prices of mainland sportswear makers rebounded yesterday as Xtep International, 361 Degrees and Peak Sport reported better-than-expected interim results and announced they would pay dividends despite declining profit.

Wednesday, 22 August, 2012, 5:01am

Li Ning shares jump as boss exits

Li Ning shares jumped more than 10 per cent yesterday after the sportswear retailer announced its chief executive had stepped down and private-equity firm TPG Capital would get more involved in its daily operation.

The Beijing-based company said in a filing yesterday that chief executive Zhang Zhiyong had stepped down with effect from Wednesday.

6 Jul 2012 - 12:00am

Meeting Zones for strong competitors

Sports Source Asia presents a wonderful opportunity to network with fellow industry players and to gain an overview of the status of sporting goods in the commercial world.

Outdoor Sports Zone makes its debut, showcasing innovative outdoor sporting goods and accessories, and to introduce technology.

26 Oct 2011 - 12:00am

Lin Ning profit warning triggers slump

Shares in Li Ning Company, the largest sportswear maker in China, plunged to a two-year low yesterday after it said revenue and profit had declined for the first half of the year.

8 Jul 2011 - 12:00am