Latest Badminton News and Articles

Li Ning To Open At Least 70 Badminton Supplies Stores In South Asia

1 1 1 1 1 1 1 1 1 1
Category: Badminton News Published: 29 July 2009
Posted by BadmintonPlanet.com Hits: 618

Chinese sportswear giant Li Ning has started its comprehensive distribution network in South Asia with the opening of a flagship store in Ion Orchard, Singapore, and it plans to open up to 100 badminton supplies stores in this area before the end of 2009.

Yik Kay Chon, the chief financial officer of Li Ning, revealed that the company plans to open 70 to 100 outlets in South Asian countries, including Singapore, Malaysia, and Indonesia. Chon said the prevalence of sports activities in this area will bring huge development opportunities to Li Ning.

To support its expansion outside the Chinese market, Li Ning set up an office in Singapore in 2009 and this office is said to be Li Ning's first overseas branch.

Though affected by the global financial crisis, Li Ning maintained net profit growth of 52% year-on-year in 2008. Apart from the Asian market, Li Ning will also expand to Europe and the United States.

Prior to this, Li Ning announced plans to acquire the Fujian-based badminton equipment maker Kason for HKD187 million.

  • No comments found

Facebook

Twitter

Google Plus

Replays: Malaysia Open 2015

2015 Malaysia Open Badminton Videos

Watch Replays

  • Recent News
  • Popular
Lee Chong Wei's timely donation saves the life of a 6-month-old baby

Kuala Lumpur: Lee Chong Wei who has been actively involved i

Lee Chong Wei 'would quit' if suspended for doping (video)

By Jennifer Pak Malaysia's national hero, Lee Chong Wei, sa

Happy New Year! Reliving the top 10 greatest moments of Malaysian badminton from 2014

Kuala Lumpur: 2014 may not have been a stellar year for Mala

Video: Badminton is the most "dangerous" sport on earth

Hanoi: Thanks to the quick work of a match referee, no-one w

The love story of Derek Wong and Vanessa Neo

By Cheryl Tay The love story of Singapore badminton players

Lin Dan joins torch relay for 2014 Youth Olympics

Nanjing: Two times Olympic gold medalist Lin Dan was one of

Recommended badminton news for you