UPDATE 1-China's Li Ning warns of third straight yearly loss, outlook upbeat
January 08, 2015 at 21:25 PM EST
HONG KONG, Jan 9 (Reuters) - Chinese sports brand Li Ning Co Ltd on Friday said it expects to post its third straight full-year loss, as it grapples with a restructuring plan, bloated inventories and slowing demand following the 2008 Olympics.