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withdrawal of part of the production line
According to reports in France,[url=http://duveticaonline.olimx.com/][b]Duvetica piumini[/b][/url], adidas company executives said, with China's wage levels increase, to reduce the production cost, adidas ready to part the purchasing and production of products from China's transfer out. Meanwhile, sources said,[url=http://parajumpersoutletdanmark.albirank.net/][b]PJS Parajumpers jakker[/b][/url], Cheap Nike Shoes, puma and other international shoe giant also have also prepared.
Nike today released the third quarter in earnings. Report shows, Nike and net profit in the third quarter sales BanXie than last fiscal year are the same as increased, but Wall Street analyst expectations. Affected by this, Nike after-hours stock prices by more than 5%.
In the third quarter, the report showed sales of Nike Cheap Air Max 50 billion dollars, than last year the corresponding period grows 7%,[url=http://woolrichdeutschland.albirank.net/][b]Woolrich Arctic Jacket Shop[/b][/url], this performance than analysts expected. Market Research company, according to FactSet true survey analysts, on average in the third quarter sales for the expected Nike 51.8 billion dollars. Nike net profit for the third quarter, earnings per share 5.23 billion $1.08, this performance is better than the same period last year,[url=http://woolrichoutletitalia.albirank.net/][b]Woolrich Giacche Outlet online Italia[/b][/url], but inferior to analyst expectations. In the third quarter of last fiscal year, Nike net profit for us $497 million, $1.01 earnings per share. True FactSet survey, analysts,[url=http://woolrichoutlet.albirank.net/][b]Woolrich Arctic Jacket Deutschland[/b][/url], on average in the third quarter earnings per share expected Nike for $1.12.
That day,[url=http://duveticaoutletcanada.halod.com/][b]http://duveticaoutletcanada.halod.com/[/b][/url], Nike Air Max shares on the New York stock exchange conventional transactions rise in 85.41 0.59 dollars, barrel, up to $is 0.70%. In subsequent by United States eastern standard time (Beijing time 18 17:09 5:09) in after-hours trading to $4.81, Nike stock prices, to $80.60 5.63%,[url=http://woolrichdeutschland.albirank.net/][b]Woolrich Online Shop[/b][/url], fell.
Asian shoe industry association secretary-general li introduces, in recent years China's shoes overall costs rose 25 percent to 30 percent, and the average profit margin in shoes 5% to 8%. Especially the RMB exchange rate instability, may engulf order even allow the losses of the enterprise profits.
It is reported, adidas is concerned about the yuan appreciation, government processing trade continuously new policy and "labor contract law" on the mainland investment environment influence,[url=http://duveticasale.albirank.net/][b]Duvetica Outlet[/b][/url], and its large OEM enterprise guangdong nations Air Max Shoes company discussed such dense. Driven to cost the markups sui-hua requirements, adidas made certain compromise. However, in the factory the game process with buyers, Chinese enterprises order lost 10% ~ 15%, mainly to the southeast Asia.
Arden in "runaway" at the same time,[url=http://duveticasale.albirank.net/][b]http://duveticasale.albirank.net/[/b][/url], some foundry was also its "holding",[url=http://parajumpersoutletdanmark.albirank.net/][b]Parajumpers jakker Udsalg[/b][/url], together to "overseas".
According to introducing, Taiwan in the mainland yuen group set up a lot of factory, is specialized for the OEM attia, in recent years, began to shift to southeast Asia,[url=http://duveticasale.albirank.net/][b]Duvetica Jacket[/b][/url], from the factory also coastal move inland. Currently yuen in Vietnam and Indonesia have more than 10 industrial zone, millions of employees, the proportion of production footwear products increasingly beyond China.
Meanwhile,[url=http://parajumpersoutletdanmark.albirank.net/][b]Parajumpers jakker Udsalg Danmark 2013[/b][/url], Nike Air Max 90 shoes enterprises also requires some Chinese shoemaking enterprise put the production base moved to India.
An anonymous international well-known Air Max 95 sports brands foundry enterprise told reporters that partner asked them to Indian joint investment and construction. Therefore, Nike plan dramatically increase in 2012 the shoe and clothing product price, in response to rising petroleum, cotton and transportation costs. Nike's "fans" attention, because of rising cost.
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