Lining Spain Sports Clothing Company Bankruptcy Report

Spain in 2008 Beijing Olympic uniform

A number of foreign media reported that the "Lining sports clothing company" registered in Spain has declared bankruptcy. Lining The company denied this yesterday afternoon. But this still raises the industry's discussion on the international competitiveness of the local sporting goods industry. Anta's competitor, Anta, laments that the competitive environment of foreign markets is complex and the opportunity to go abroad is not yet ripe.

Li Ning Co began working with several clubs in Spain in 2004 to provide design and production expertise. Jersey 。 The uniform of Spain's 2008 Olympic Games in Beijing was provided by the Li Ning Co. However, a mainstream Spanish newspaper, ASAS, reported yesterday that the cooperation agreement between Lining's Spanish subsidiary and a number of Spanish clubs has been cancelled because the Spanish Lining sports clothing company, which was registered in Spain, declared bankruptcy. In response, a head of Li Ning Co's Investor Relations Department denied the Spanish media's claim that bankruptcy was only a distribution point for Lining overseas and would not affect the operation of the company.

Although the person in charge said no impact on the operation, Lining was listed at the HKEx due to adverse news. shares It fell 5.95% yesterday. Some international investment banks, such as Barclays, have also expressed their weakness in Lining's future development. In response, Li Ning Co's public relations officials refused to respond to the "busy meeting".