Stephen Curry Agrees Partnership With Chinese Sportswear Giant Li-Ning

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International Department Journalist
The financial terms of the agreement remain undisclosed
Stephen Curry Agrees Partnership With Chinese Sportswear Giant Li-Ning
Photo: WWD

Golden State Warriors icon Stephen Curry joined forces with Li-Ning in a major endorsement agreement, BBC reports. The 38-year-old basketball star has been searching for a new retail collaborator since concluding his 12-year relationship with American activewear brand Under Armour last year.

The financial terms of the agreement remain undisclosed but the partnership will see Curry and Li-Ning co-develop new merchandise. Furthermore, the duo plans to roll out a signature chain of shops across both the United States and China.

A strategic coup for Li-Ning

Securing a global superstar of Curry’s magnitude represents a massive leap forward for Li-Ning’s international ambitions. According to Linda Yu from the marketing agency Red Ant Asia, the deal is a «landmark victory» that proves Chinese labels can effectively rival industry titans like Nike and Adidas for elite sporting talent.

Yu emphasised that high-profile endorsements are the «lifeline of sportswear brands» and aligning with a household name will significantly boost Li-Ning’s profile in crucial Western markets.

In a video statement released via his commercial platform Thirty Ink, Curry highlighted that the collaboration will facilitate Li-Ning’s American expansion. The sportswear manufacturer already boasts a formidable presence in Asia with over 7,000 retail locations.

Speaking to the BBC, Li-Ning confirmed their intention to work alongside the four-time NBA champion to champion sports culture. They will also focus on manufacturing products across various sporting disciplines, initially concentrating on golf and basketball.

Expanding the curry brand

This marks Curry’s maiden venture with a Chinese company. The point guard, widely celebrated as one of the greatest shooters in basketball history, began his professional career backed by Nike before his lengthy stint with Under Armour.

He noted that this new alliance provides his personal brand with an «expanded runway of resources» to elevate his product portfolios worldwide.

«We have plans to launch Curry Brand stores together in China and the U.S., as we look to build on the success that Li-Ning has already established, with even more growth,» Curry explained.

Sportswear marketing expert Wei Kan pointed out that this arrangement is a «step beyond» traditional celebrity sponsorships. By trusting Li-Ning with his personal line of branded merchandise, Curry is setting «a real marker for the industry.»

Growing influence of Chinese brands

Curry is the latest in an expanding group of elite athletes and international celebrities securing lucrative contracts with Chinese corporations. Western brands face increasingly fierce competition from local Asian manufacturers who often provide more affordable goods amidst slowing domestic consumer spending.

Notable NBA stars who have partnered with Chinese sportswear labels include:

  • Dwayne Wade and Jimmy Butler: Both are prominent ambassadors for Li-Ning.
  • Klay Thompson and Kyrie Irving: The pair currently hold endorsement deals with rival brand Anta.

Anta has also been aggressively pursuing global expansion. Having previously manufactured footwear for international labels, the company has recently acquired the rights to Western brands like Fila and purchased a significant stake in Puma to assist its growth within the Chinese market.

This trend extends well beyond basketball. Chinese technology and automotive firms are actively enlisting global icons to boost their prestige, with appliance manufacturer Dreame securing football legend Cristiano Ronaldo and premium electric vehicle manufacturer Denza bringing actor Daniel Craig on board.

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