Analysis: Nike, Adidas trounce China sportswear players
by admin on Wednesday, September 21st, 2011 | No Comments
By Charlie Zhu and Donny Kwok SHENZHEN/HONG KONG (Reuters) – Drawn by a handwritten notice, a handful of customers sift through stacks of sports shoes and rows of clothes at a Li Ning discount outlet in China’s boom town of Shenzhen on a Sunday afternoon. “Last day! Enjoy 50-55 percent discount on all goods. Buy three, get another 10 percent off,” the note read. Read More…
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