China's Li Ning sets 10% growth target for same-store sales

03/19/2010 | Standard (Hong Kong), The

Li Ning, a Chinese sportswear retailer, posted a decline in same-store sales last year, but is planning to rebound in 2010. "Our same-store sales grew 6.5% in January and February, and our third-quarter orders recorded 20% year-on-year growth," said Chong Yik-kay, chief financial officer at Li Ning. The company, which owns 7,250 stores in China, plans to invest about 200 million yuan to open hundreds of new stores as well as a production plant.

View Full Article in:

Standard (Hong Kong), The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Vice President, Infrastructure and Operations
Neiman Marcus
Irving, Texas
VP Regional Manager/Regional Store Manager
Belk
Knoxville, Tennessee
Sales and Merchandising Manager
Staples
norwalk, Connecticut
Market Manager - Southern CA
BevMo!
California
Manager
Neiman Marcus
Bal Harbour, Florida