Apr 19, 2022 05:17 PM (GMT+8) · EqualOcean
Li Ning (02331. HK) announced that the same store sales of the whole platform recorded a low growth of 20% - 30% year-on-year in the first quarter ended March 31, 2022, based on the Li Ning sales points that had been put into operation at the beginning of the same quarter of last year (excluding Li Ning young). In terms of channels, the retail (direct operation) channel recorded a mid-range growth of 20% - 30%, the wholesale (franchised dealer) channel recorded a low-range growth of 10% - 20%, and the e-commerce virtual store business increased by 30% - 40% year-on-year.