[Chinese shoes Network - Brand Dynamics] Following the second quarter of fiscal 2013. Net income in the first quarter net profit fell 12 percent after the world's largest sporting goods Nike newly released again fell 18 percent to $ 384 million. By inventory impact, Nike Greater China region Revenue fell 11 percent to $ 577 million. second quarter, Nike's revenue rose 7 percent to $ 5.96 billion, slightly below analyst expectations of $ 6.01 billion; profit from continuing operations rose 9 percen cheap foamposites t to $ 521 million; diluted earnings per share increased 11% to $ 1.14. Although the product pricing improved, but by the increase in labor costs and currency effects, Nike's second-quarter gross margin decreased 30 basis points to 42.5%, however, the entire fiscal year, Nike expects gross margin to be flat. It is worth noting that Nike have declined in Greater China and Western European markets revenues, which, Greater China revenue fell 11 percent to $ 577 million, while revenue growth in emer cheap jordan shoes for men ging markets outside China, by 11% to 1.1 billion US dollar, the Japanese market also grew 11 percent to $ 219 million. Some foreign media reported that Nike problem in China is excess inventory, difficult to cope with fierce competition and local brand promotion, Nike to absorb the excess inventory of clothing in China, in China's mode required by the authorized management changes wholesale sales. In fact, in the fourth quarter of fiscal 2012, Nike had already appeared in the Chinese market sal Cheap air jordan 12 for sale online free shipping es decline, Nike Greater China sales total income, including shoes, clothes, accessories, including a $ 667 million, compared to The third-quarter decline of 3.89%. Morgan Stanley report shows that the fourth quarter of fiscal 2012, Nike's global future orders growth of 18% to 12%, China's orders rose significantly reduced from 20% to 2%. Nike stock began to increase over the same period. As of the end of May 2012, the stock amounted to $ 3.35 billion, and $ 2.715 billion compared to last year, an Cheap air jordans for sale increase of 23.39%. Nike Chief Financial Officer Don Blair said Nike "strict management of inflows to the number of new products (China) market, the initiative to cancel the order, reduce the futures." In addition to inventory pressure, Nike also had to face the impact of the economic slowdown in performance, as well as Adidas strong chase, casual and fast fashion brands and local brands impact brought about by the continuous promotion war pressure. it is not difficult to find, before a relat cheap jordans online ively small discount Nike, now even the new also often participate in activities. However, compared to the hundreds of local brands off the discount rate, Nike apparently only superficially like to try. "Nike will not participate in the price war, but there is likely to launch slightly cheap shoes to meet the market demand." A marketing person on the "First Financial Daily" said that, if added to the domestic brands such as price war Nike Nike is not, and this degree of damage to the brand itself Retro jordans for sale can be imagined. London consultancy Neev Capital founder believes that in the next 12 to 18 months, Nike China's problems are not solved, but not worse than expected. (Chinese shoes Network - the most authoritative and most professional Footwear News)& nbsp; & nbsp; & nbsp; last night, the Beijing 2008 Olympic Games official partner adidas in Beijing Yongding Gate Square in a ceremony to launch the release of thousands of people to participate in their 08 Olympic program for a series of upcoming e Retro jordans for sale xpansion around the Beijing 2008 Olympic Games market activities kicked off. Beijing yesterday, temperatures well below zero, but this festival brings together the 1500 Olympic enthusiastic ordinary citizens, former Olympic gold medalist - diving and Chinese women's volleyball player Zhao Hu Jia & nbsp; & nbsp; & nbsp; Rui-Rui, Feng Kun went to the site to express their expectations for the Beijing Olympic Games.In the custom culture increasingly favored by consumers in the moment, Reebok also l cheap jordans for sale aunched their custom series -your Reebok. The custom, although a bit late compared to other brands, but it does meet the needs of some diehard RBK, providing a total of 10 models of this type of shoes to participate customized content, and you can choose the fabric also more than 20 kinds, Of course, the most interesting to you is estimated that even INSTA PUMP FURY can be customized, such a set up will lead to the first estimate of the different styles of street INSTA PUMP FURY frenzy it. Of co cheap jordans for sale mens urse it is for domestic consumption, this service is currently no way yet, because this is currently only the first stop in Asia is Japan, but I believe the current situation are listed, China, with extraordinary spending power the market will be opened as soon as this service. 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