Li Ning opening first overseas store in Singapore

Chinese sports brand up-and-comer Li Ning has opened its first store outside of the country, though it didn't go far. The newest themed flagship shop will be in Singapore's ION Orchard Mall. The theme: badminton paradise, which will focus on the sport's equipment and maintenance. According to Li Ning CFO Nicholas Chong, "Badminton is a popular, prevalent and influential sport in Southeast Asia, including Singapore, Indonesia, and Malaysia. Expansion into this market not only shows our determination to become the sports brand synonymous with badminton, it also lays a solid foundation for the group's expansion into overseas markets." Considering how badminton players tend to appear on billboards here with the same badassedness as basketball and football players in the U.S., we guess that's not a bad strategy to hedge on after all. Source: Brand Republic