Li Ning Named Former Uniqlo Exec to Serve as Joint CEO
Kosaka Takeshi, who had been COO of the Chinese operation for Uniqlo, will join founder Li Ning in the CEO office with a focus on operations and supply chain, two areas where he was experienced at his former employer. While Li Ning remains a well-known brand in China and it has seen solid growth in recent years, it has been held back by deficiencies in its supply chain and operations as rivals like Anta, Nike and Adidas have grown much faster. Shares of the company, which have quadrupled in the past two years after it returned to the black following ... Log in to view full article.