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Li Ning's Losses Narrow As It Looks To Regain Chinese Market Share

China-based Li Ning in the first half of FY '15 "saw losses narrow and sales rise as it battles to regain its place in the mainland sportswear market." Li Ning today said that net losses shrank to US$4.5M, down from US$91.5M in the year-ago period. Revenue grew 16% to US$560M. The company "has stru...

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