China Gymnast Hero's Brand Vaults Back Into Spotlight With MSCI
- Sportswear maker Li Ning’s sales seen growing 15% annually
- MSCI inclusion offers comeback for gymnast-entrepreneur
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The sports world loves a comeback story, and Li Ning -- both the former gymnast and his apparel business -- are seeking a return to glory.
Li, 56, is back in the spotlight as his eponymous sportswear company was among the Chinese equities added to MSCI indexes on May 28. It’s the second time the shoe and shirt-maker made the list, as Li Ning Co.’s first inclusion in the indexes was pulled in November 2011.