Retail in Asia

China’s Li Ning makes US push

Li Ning Co. is increasing its investment and marketing in the US as the Chinese sports-apparel maker attempts to become a global brand.
Li Ning will invest USD10 million in its US business this year a…

Nike plays on Umbro’s revival

When the US and England clash in soccer’s World Cup on Saturday, a sure victor will be Nike Inc., which is outfitting both squads. Nike owns sportswear maker Umbro, the official sponsor of the E…