Sports brand enterprise Li Ning (2331.HK) announced that its fourth quarter order book revenue climbed 20.3% annually, aastocks.com reported June 11. Average selling prices for shoes and clothes were up 7.8% and 17.9% year-on-year, respectively while order book volume of them increased 1% and 10.9%, respectively, according to the report.
Li Ning licensed domestic children's clothing manufacturer Paclantic to undertake the design, manufacture and distribution of clothing lines for children, and opened its first specific kids wear store in Beijing in April.