Li Ning's apparel sector lifts H1 revenue

Chinese sportswear maker Li Ning Co Ltd has placed its confidence in its apparel business, which boosted the company's half-year revenue and helped it stand out amid fierce market competition.

Chairman Li Ning said at a media briefing on Monday that he expected the "China LI-NING" series of sportswear products, which were released at the New York and Paris fashion weeks, to be a new source of the company's revenue.

Revenue from the apparel business rose 30.7 percent year-on-year in the first six months of the year, accounting for the bulk of the company's total revenue, the sportswear brand reported.