Chinese Sportswear Giant Li Ning Sees Revenue Rise 56.1% in 2021
The brand reported 2021 revenue of 22.57 billion yuan ($3.55 billion) and gross profit of 11.97 billion yuan.
Brenton Johns
China
Should Brands Be Less Deferential Toward China?
Public relations in China can be a cultural minefield, but market experts warn international brands against taking a conciliatory stance every time there is backlash.
Should Brands Be Less Deferential Toward China?
Public relations in China can be a cultural minefield, but market experts warn international brands against taking a conciliatory stance every time there is backlash.
Global Markets
Japanese Brands Take Divergent Positions on Xinjiang Cotton
As backlash over stances on Xinjiang cotton grows, Japanese brands face a familiar predicament in deciding how to proceed.
Japanese Brands Take Divergent Positions on Xinjiang Cotton
As backlash over stances on Xinjiang cotton grows, Japanese brands face a familiar predicament in deciding how to proceed.
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The News in Brief
Report: Supply Chain Intermediaries Are ‘Laundering’ Banned Cotton from Xinjiang
Despite legal manoeuvres designed to block cotton sourced from the Chinese region from entering the fashion supply chain, problems with transparency mean some companies could still be unwittingly using it.
Human Rights Group Accuses European Retailers of Profiting From Xinjiang Cotton
The Berlin-based European Centre for Constitutional and Human Rights (ECCHR) on Sept. 6 filed a complaint to German prosecutors, accusing retailers
Chinese Customs Accuse Nike, Zara, H&M of Selling Substandard Clothes
Chinese authorities have alleged that a number of Western fashion brands are selling substandard children’s products, including clothing, South China
China is Creating an Alternative Standard to BCI Cotton
China will soon launch its own version of the Better Cotton Initiative (BCI) standard, according to state media reports.
Better Cotton Initiative Statement on Xinjiang Disappears from Website
A statement the Better Cotton Initiative (BCI) has had on its website since October 2020, announcing it was enacting a policy of “responsible