Li Ning stumbles over costly makeover plan

Li Ning is struggling with weak sales and high inventory. Photo: Reuters

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 revive the brand.

Saturday, 26 January, 2013, 4:51am

Mainland stocks attractive after fall to 2009 low

Mainland stocks attractive after fall to 2009 low

Mainland stocks are attractive compared with the past and their regional peers, and investors should buy more "deep cyclical" sectors tied to the country's recovering economy, HSBC Global Asset Management said.

4 Dec 2012 - 3:10am

More woes at Li Ning as finance chief quits

Li Ning, the head of the sportswear retailer, which has been hit by a fall in customer demand after the Beijing Olympics. Photo: Reuters

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.

The Beijing-based company said yesterday Chong Yik Kay had resigned, effective from November 1, but would remain as an adviser to the company.

14 Oct 2012 - 1:07pm

A fresh spin on tradition

'I don't like things that always stay the same. I think it's in every designer's blood to break the rules and create something new,' says Vivienne Tam Yin-yok. 'When I was a child, I found that the window displays in shopping malls never changed and I hated it. '

30 Dec 2011 - 12:00am

Party-goers at Peak of condition for Jun's sportswear launch

Few would readily sign up for a product launch that involved intense cardio training, even when plugging a sportswear brand.

It turns out, however, that the Japanese design wunderkind Jun Takahashi, of the fashion label Undercover, has enough pull to lure a pack of celebrities to come out partying in trainers and jogging bottoms, running tights and sports bras.

28 Nov 2011 - 12:00am

Market Calls

Anta Sports Products (2020), which makes and retails sportswear on the mainland, fell 14 per cent on October 14. The drop came the day after an industry event in Beijing in which the firm told analysts about an expected sales slowdown.

24 Oct 2011 - 12:00am


Who started it? Known as the 'king of sequins', Ashish Gupta burst onto the international fashion scene when he showed his eponymous collection at London Fashion Week in 2004. Born in Delhi, India, Gupta moved to London to attend Middlesex University, where he earned a bachelor of arts degree in fashion design.

6 Mar 2011 - 12:00am

Bold shades beat winter blues

What are the hottest casual wear looks for winter for men and women?

This season is about colours. Whether it's a single accent hue, eye-catching tri-colour stripes or bold tints like green and purple, they make a strong statement. Wearability and elegant comfort are key elements. Leather appliqu?s, laser embroideries and armorial printings all contribute to the look.

21 Oct 2009 - 12:00am

Eye on the cool

Berlin Fashion Week, now in its third year, attracts its fair share of celebrities, including Justin Timberlake, Sienna Miller and Adrian Brody. This year, however, the most wanted man in town is British designer Eyan Allen. By the time we meet in the early afternoon, he has already done 10 interviews in between fittings, rehearsals and meet-and-greets.

8 Jul 2009 - 12:00am

Doyenne of design opens the mother of all agnes b. stores, based on her country house

The mother of all agnes b. stores opened over the weekend. With more than 15,000 sq ft of retail under one sunroof, the IFC third floor venue isn't just a new shop, it's la loggia (which is Italian for the centre of a portico house). That's what agnes b.

28 Oct 2008 - 12:00am

Hong Kong Fashion Week for Fall/Winter

Date January 14-17

Venue Hong Kong Convention and Exhibition Centre

Admission Free, trade only. No visitors under 18

Organiser Hong Kong Trade Development Council

14 Jan 2008 - 12:00am

Sunny Coelst


Perfume: Angel by Thierry Mugler. 'I love sweet perfumes.'

Shoes: 'I'm a shoe addict. Gucci, Helmut Lang, Prada ... it doesn't matter as long as they've got

high heels.'

Sportswear: Ultim8. 'This is my fightwear line - trendy and comfortable fighting clothes - where my two passions unite.'

6 May 2007 - 12:00am

Question of sport

Designers have given sportswear the luxe treatment this season by transforming items such as the parka into chic style statements. Italian accessories label Valextra has given one of its classic bags a sporty makeover to create the Stone Tote.

6 May 2007 - 12:00am

Campus Cool

After years in a school uniform, dressing to look cool on campus can be a challenge. Here are Isabel Tong's top tips

Name: Isabel Tong

Age: 25

26 Apr 2007 - 12:00am

PolyU sets trend with sportswear course

Hong Kong Polytechnic University (PolyU) will launch the city's first-ever sportswear design programme in September.

Sponsored by the sportswear industry, the course aims to train professional Hong Kong designers in the field.

19 Apr 2007 - 12:00am