Li Ning

Li Ning is a Chinese gymnast and entrepreneur. In 1982, he won six of the seven medals awarded at the Sixth World Cup Gymnastic Competition, earning him the title "Prince of Gymnastics", and is most famous for winning 6 medals at the 1984 Summer Olympics, the first Olympics in which China participated. Li retired from sporting competition in 1988, and in 1990 he founded Li-Ning Company Ltd, which sells footwear and sporting apparel in China. Li remains chairman of the company's board of directors.

THE INSIDER

Soho China, Swire draw buyers in holiday week

6 May 2013

Buying and selling of their own company shares by directors were down for the holiday-shortened week of April 29 to May 3.

Buyers outweighed sellers, with 23 companies reporting 75...

3:34AM

Huge losses at Li Ning sow seeds of worry

26 Mar 2013

Li Ning, a leading sportswear retailer on the mainland, saw its shares fall more than 4 per cent yesterday after reporting bigger-than-expected losses for last year amid weak market conditions and...

5:04AM

Li Ning stumbles over costly makeover plan

25 Jan 2013

Li Ning Company tumbled yesterday after the sportswear retailer - struggling with weak sales and high inventory - announced it would raise HK$1.87 billion by issuing convertible securities to...

4:51AM

Li Ning falls on warning of big full-year losses

18 Dec 2012

Sportswear retailer Li Ning fell more than 5 per cent yesterday after forecasting a large full-year loss and announcing a 1.8 billion yuan (HK$2.2 billion) plan to restructure sales channels.

2:33AM

Sportswear retailer Li Ning faces harsh winter

22 Oct 2012

On a weekday this month at Huawei Centre, a popular shopping spot in Beijing's Xidan shopping district, sales assistants at a Li Ning shop are removing cotton-padded overcoats and down-filled...

4:47AM

Li Ning to cut stake in sportswear firm

18 Oct 2012

Li Ning, the founder and chairman of Li Ning Co, plans to sell a 25 per cent stake in the mainland sportswear retailer to Viva China Holdings, a sports talent management firm under his family's...

4:47AM

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4:10AM

More woes at Li Ning as finance chief quits

The resignation of the chief financial officer at mainland sportswear retailer Li Ning adds uncertainty to a company already struggling with plunging sales and a weakened brand image.

1:07PM

Sportswear firms set pace in Hong Kong market

Sportswear retailers made a strong rebound on the stock market yesterday with investors betting they were likely to be among the first consumer-related sectors to recover from the economic...

2:32AM

Retailers on the retreat

Mainland retailers from clothing to computers are reporting weaker sales growth, undermining Premier Wen Jiabao's goal of relying more on consumer spending for expansion as the economy cools.

3:17AM

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...

7:23PM

Li Ning sales edge up in third quarter

Sports shoes and apparel maker Li Ning yesterday said same-store sales in the third quarter improved slightly, following a dramatic decline in earnings in the first half.

10:11PM

Big plans for sportswear leader run into troubleBig plans for sportswear leader run into trouble

One year ago, Zhang Zhiyong, chief executive of Li Ning, made an ambitious statement at a Beijing press conference, saying the home-grown sportswear maker would break into the world's top five...

9:05PM