Lining Said This Year The Product Will Increase Substantially.
Li Ning Co
Last weekend's Hongkong earnings report 2010 showed that the company's total revenue last year was 9 billion 478 million 500 thousand yuan (RMB, the same below), an increase of 13%. Net profit exceeded 1 billion yuan mark, reaching 1 billion 108 million 500 thousand yuan, an increase of 17.4%.
It is reported that last year
Lining (column) Company
The core brand "Lining" revenue accounted for 92.1% of the group's total revenue, reaching 8 billion 734 million yuan, an increase of 13.5% over the previous year.
Li Ning Co
Chief executive Zhang Zhiyong said that the price of raw materials has risen sharply, and that the cost of the company will rise by an average of 20% this year, so that the price of products will increase by two digits this year.
Zhang Zhiyong said the company will introduce a new sales discount policy to control the pressure of rising costs, but expects gross margins to drop slightly this year.
- Related reading
Nike, Lining And Other Sports Brands Have Passed The Cost Pressure To Raise Prices.
|India Will Take Some Balancing Measures Against The Brand Clothing Consumption Tax.
|- Daily headlines | The External Environment Of China's Textile And Garment Enterprises To Accelerate Development Is Still Available.
- Industrial Cluster | Eight Highlights Lining Jiangxi Textile Industry During The "11Th Five-Year" Period
- Domestic data | Forecast Australian Wool Production In 2011
- Design Frontiers | Vangelo Is Committed To Sponsoring The 2012 London Olympic Taekwondo Trials.
- Design Institute | Jiaxing'S Clothing Brand, Elegant And Talented, Starts From "Campus."
- Market trend | In Depth Consultation With The Textile Industry "12Th Five-Year" Brand Development Outline
- Agency world | Nike, Lining And Other Sports Brands Have Passed The Cost Pressure To Raise Prices.
- financial news | "Nuclear Crisis" Dragged The Global Economic Recovery
- international standard | Us Fur Label Implementation Takes Effect In March 18Th
- Clothing direct selling | LOUIS&Nbsp; VUITTON&Nbsp; Live Show In Paris
- Nike, Lining And Other Sports Brands Have Passed The Cost Pressure To Raise Prices.
- The External Environment Of China's Textile And Garment Enterprises To Accelerate Development Is Still Available.
- Eight Highlights Lining Jiangxi Textile Industry During The "11Th Five-Year" Period
- Forecast Australian Wool Production In 2011
- Vangelo Is Committed To Sponsoring The 2012 London Olympic Taekwondo Trials.
- Jiaxing'S Clothing Brand, Elegant And Talented, Starts From "Campus."
- In Depth Consultation With The Textile Industry "12Th Five-Year" Brand Development Outline
- Nike, Lining And Other Sports Brands Have Passed The Cost Pressure To Raise Prices.
- "Nuclear Crisis" Dragged The Global Economic Recovery
- Us Fur Label Implementation Takes Effect In March 18Th