Li-Ning Goods To Be Delayed By US Customs Due To North Korea Labor Issues

Starting this week, the company’s goods will be delayed at all US ports, CBP said on Tuesday.

“Such goods will not be eligible for import unless the importer provides clear and convincing evidence that their goods were not produced using prison labor, forced labor or hired labor,” the agency said in a statement. statement.

“If the company does not provide clear and conclusive evidence within this time period, the item may be seized and confiscated.”

Li-Ning, based in Beijing, did not immediately respond to a request for comment.

The company is one of the largest sportswear and sneaker manufacturers in China with a market capitalization of around HK$133.3 billion ($17 billion).

It was founded in 1990 by a gymnastics champion of the same name. has entered to the US market about 10 years ago, citing a desire to enter “by far the largest sporting goods market in the world.”
Li-Ning also made a splash by signing NBA stars. Shaquille O’Neal and Dwyane Wade.

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