Li Ning, China Dongxiang Sales Increase in September Quarter
Li Ning sales increased low-thirties overall in the third quarter, with owned brick-and-mortar retail up mid-teens, wholesale sales to franchisees up mid-thirties and e-commerce retail jumping mid-fifties. Same store sales were up low-teens in the quarter, and total points of sale increased by 142 to end the quarter with 6,564. Looking ahead, Li Ning’s trade fair orders from franchisees for ... Log in to view full article.