Financially struggling Chinese sportswear retailer Li Ning said today it lost 184 million yuan, or $31 million, in the first six months of the year, its latest red ink following inventory management problems and overexpansion.
Russell Flannery, Forbes Staff, Forbes
Sun, 08/11/2013 - 4:39pm
Financially struggling Chinese sportswear retailer Li Ning said today it lost 184 million yuan, or $31 million, in the first six months of the year, its latest red ink following inventory management problems and overexpansion.