The worldwide wearable market reached a new all-time high as shipments reached 33.9 million units in the fourth quarter of 2016, growing 16.9% on year. Shipments for the entire year grew 25% as new vendors entered the market and previous ...
Tags: wearable market, smart wearables
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Running is simple. If you can walk, you can run. Running is inclusive. It is a sport for anyone, at any age and from any profession. It does not require a lot of monetary inputs. All you need is a pair of running shoes, and a ...
Tags: Running, First Steps, Marathon
Li-Ning Company Limited swung to a profit on double-digit sales growth in the first half ended June 30 thanks to 17.0 percent growth at its flagship Li Ning brand and a big reversal in impairment charges to it accounts receivables. The ...
Tags: sports goods, Li-Ning Company, Li Ning sales
Huami Co Ltd expects sales of its Xiaomi Mi Bands will reach 10 million in the third quarter, making it the largest maker of wearable fitness devices in the world. Launched last year, the Mi Band monitors fitness levels and tracks sleep ...
Tags: Wearable Devices, Fitness Devices
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
Greenpeace East Asia released its Detox Catwalk, an online platform report which assesses how effectively fashion brands are removing toxic chemicals from their supply chains and tackling water pollution. Inditex Group, Puma and ...
Tags: Puma, Valentino, fashion brands, toxic chemicals
Industry expands as an increasing number of Chinese people opt for healthier lifestyle Even when she was in her 20s, Tiffany Tang says she never felt so full of energy and healthy. Since starting to jog with her family and friends over ...
Tags: Fitness Sector, Exercise Equipment
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
Li Ning Company Limited, one of the leading sports brand companies in China, announced its results for the year ended 31 December 2013. Revenue amounted to RMB5,824 million, representing a year-on-year decrease of 12.8%, mainly due to ...
Tags: Li Ning, sports brand, sportswear
As Milan fashion week gets under way, Greenpeace International revealed that the same hazardous chemicals used in the manufacturing of fast fashion are used by ‘exclusive’ luxury brands. In addition, the concentration of ...
Tags: Supply Chains, Apparel
Leading Chinese sportswear retailer, Pou Sheng International (Holdings) Ltd witnessed a slight dip in revenue in the first nine months of the current financial year 2013. The Hong Kong headquartered company reported a 0.76 per cent ...
Almost all traditional Chinese footwear makers performed not well in the first half of this year due to an economic slowdown. 361 Degrees International Ltd. (SEHK: 1361), a Fujian-based sportswear maker, released operating data for the ...
Products of Chinese athletic apparel brand Li-Ning will now be available at a Lifestyle sports showroom in Dimapur, situated in Northeast Indian state of Nagaland. The store would offer Li-Ning sports apparel as a part of its lifestyle ...
Tags: Apparel, Li-Ning, Sportswear
Several major global sportswear brands are vying to gain a greater share in the rapidly expanding Chinese market. At the ISPO Beijing 2013, the ninth Asian Sporting Goods and Fashion Show, which concluded last week, over 567 sports and ...