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Li Ning recorded a low segment of retail sales growth in the third quarter

Fashion Without Borders learned that in the third quarter ended September 30, Li Ning's (excluding Li Ning YOUNG) retail sales recorded a low growth of 40%-50% year-on-year. Li Ning's same-store sales recorded a high growth of 20%-30% year-on-year. By channel, retail channels recorded 30%-40% mid-segment growth, wholesale channels recorded 30%-40% high-segment growth, and online e-commerce business recorded 50%-60% mid-segment growth. After the financial disclosure, Li Ning's stock price rose by more than 4.31% to HK$95.5, with a total market value of about HK$238.4 billion.

Li Ning recorded a low segment of retail sales growth in the third quarter

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