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China’s sportswear brand Li Ning continued its downward drift in 2014. The company, once believed to be China’s answer to Nike and Adidas, posted a loss for a third straight year. Net loss doubled from 391.5 million in 2013 to 781 million last year, as the firm bears the cost of [...]
from Forbes Real Time http://onforb.es/1MPMqot
China’s sportswear brand Li Ning continued its downward drift in 2014. The company, once believed to be China’s answer to Nike and Adidas, posted a loss for a third straight year. Net loss doubled from 391.5 million in 2013 to 781 million last year, as the firm bears the cost of [...]
from Forbes Real Time http://onforb.es/1MPMqot
