Time: 2007-08-23 09:55 source: Asia Footwear Association of Asia Footwear Association on time according to the statistics report released on 20 2006 Arabia customs, China to Saudi exports of $5 billion 950 million, has become the second largest importer of Saudi trade partners. The report pointed out that Saudi imports from China mainly include mechanical and electrical products, clothing, footwear, textiles, appliances and so on. Last year, the United States is still the largest Saudi import trade partner of Saudi exports amounted to $9 billion 890 million; according to the statistical report published by Saudi Arabia customs 20 days, 2006 China to Saudi exports of $5 billion 950 million, has become the second largest importer of Saudi trade partn cheap jordan shoes for men ers. : the report pointed out that the goods imported from China mainly include mechanical and electrical products, clothing, footwear, textiles, household appliances and so on. Last year, the United States remained Saudi's largest import trading partner, with Saudi exports worth $9 billion 890 million, and Germany's third largest import trading partner with $5 billion 710 million in exports. according to statistics, last year, China was also the second largest non oil export trading partner of Saudi Arabia. The total amount of non petroleum products imported from Saudi Arabia was US $1 billion 410 million. : at present, Saudi Arabia is China's largest trading partner in Western Asia and Africa, with bilateral trade volume of $20 billion 100 millio Retro jordans for sale n in 2006. (Editor: admin).After Adidas's classic basketball shoes EQT Key Trainer added a new Tampa Bay Buccaneers color, this time once again to create a Bad Attitude color, shoes with eye-catching red color to black shoes red shoes collocation of decorative details, the iconic Tianzu outsole choose exaggerated black ink the effect of presentation, and printed with a Logo.
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comments on last article: Reebok Fixed postman suit next article: Street brand king Supreme attack shoe world[Chinese shoes Network - Brand Dynamics] at the time of impact by the st cheap jordans for sale mens ock too high, the mainland sports brands have a way to clean up the inventory of discount, unable to bear the cost pressures increase, Nike plans to part of the price increase of 5 shoes and clothes % ~ 10%, and even the launch of a new sports shoe estimated price of about 2,003 yuan more, so that consumers address him "too expensive."
sports brand of high inventory, cost pressures increase, and finally brands also could not stand up. Media reports, will price its Nike shoes and clothes increase of 5% to 10%. It is reported that Nike will launch this fall by far the most expensive sports shoes 10th generation of LeBron basketball shoes, the estimated price of $ 315 (about 2003 yuan), while the retail price of its ninth generation of shoes is about $ cheap jordans online 250 (approx. together 1,590 yuan).
Nike's gross margin fell for Season 6
However, the courage to directly declare a price of perhaps only Nike. By the impact of high inventory mainland sports brands have a way to discounts to clear inventory. Reporters interviewed found at part circle, Li Ning, Anta, special steps such as sporting goods Discounts are basically more than five-fold, while Nike, Adidas only part of the seasonal goods only 20%, or two new 8-fold. Guangzhou Friendship (12.00, -0.04, -0.33%), the relevant person in charge of the store, told reporters that the current temporary notice of any price increases did not receive Nike.
With industry analysts said that with nearly two years of Nike raw material and transportation costs continue Retro jordans for sale to rise, putting pressure on their profit growth. The latest results, Nike ended May 31 fell to 42.8% gross profit margin from 44.3 percent, which was already down for the sixth consecutive quarter. As Nike's second-largest market in the Greater China market, sales also fell in the quarter revenue, product sales revenue include footwear, clothing, accessories, including a $ 667 million, compared to the third quarter fell by 3.89 %.
Morgan Stanley research report shows that in 2012 the fourth quarter, Nike's global future orders growth decelerated from 18% to 12%, especially in China, orders were up sharply reduced by 2% from 20%. But as a direct rival of Nike, Adidas, its 2012 second quarter results are very gratifying. Publicly available data show Adidas, Adidas Greater China sales of 732 million euros, an increase of 19%. Adidas forecast full-year net profit growth adjustment from the previous 12% to 17% to 15% to 17%.
Consumers: 2000 yuan shoes too expensive
Although Nike spokesman Mary Remuzzi media stressed that Nike is not in blindly prices; "We are always looking for ways to take advantage of new innovations and products to enhance performance to achieve product line." This time, however prices, consumer eventually buying account is debatable. Cheng early thirties, is a professional sports editor, but when he heard a pair of basketball shoes, the price of 2,000 yuan, the still address him "too expensive." "General price Starter Edition basketball shoe is about 700 to 800 yuan, I learned that the superstar level posted price of the most expensive version of basketball shoes about 1700 ~ 1800 yuan."
Recent market conditions did not improve
This year the retail market slowdown affected the sporting goods industry to clear inventory velocity. Pick, 361 degrees, Anta first half net profit fell 43.3 percent, respectively, 23% and 17%, only slightly up 0.3% special steps. Reporters found its semi-annual report, which have been in the sporting goods industry is expected this year might be thwarted, will have the fastest turnaround in the second half.
Not only profits under pressure, companies have to give more concessions to distribution channels. Xtep recently announced that the Group take into account the current intense competitive environment, the need for a more flexible and attractive pricing strategy, to provide discounts to wholesale distributors, from 2012 suggested retail price of 60%, adjusted HKEx 62%. Peak CEO Xu Zhihua (microblogging), said the recent market conditions did not improve, but on the long-term development of the industry is still optimistic, which is due to urbanization of rural China, Chinese people lifestyle changes result in more people to participate in sports The basic factor activities has not changed. Most sporting goods brands are actively clean up excess inventory, expected inventory adjustments throughout the industry still needs some time to complete. (Chinese shoes Network - the most authoritative and most professional Footwear News)
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