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billion yuan, down 36.9%. Li Ning Li Ning, founder and Executive Chairman of the company to the securities journal explained that the losses in part because wholesale sales, accounts receivable and inventory reduction provisions, implementing a chan  nike blazers sale   ge program and channel renewal plan-related costs and other restructuring costs.In the publi  nike blazers for men  shed annual report of the six Chinese sports brand, China's rising trend was the only net business. However, the company's net profit surged, sales are falling 35.4% decreased to 1.772 billion dollars.

Annual report shows that China Dongxiang 2012 sales to 1.772 billion yuan, profit of 69 million Yu  womens nike blazer low  n, down 30.3%; net profit of 177 million Yuan, an increase of 73.5%.CIC consultant light researcher Xiong Xiaokun to reporter analysis road: "domestic several big movement brand performance fell is both inside and outside factors common role due to: while, external economic environment bad led market needs limited, global economic slump and the domestic economic growth slowed on   womens nike blazer high   domestic movement brand can be described as is double combat; on the, movement brand of blind

development led its since food consequences, the big brand does not accurate estimated market capacity, blind expansion stores, and expanded capacity eventually stuck ind  nike cortez trainers uk  ustry Yu high inventory, and low profit level of position. "After years of expansion, sharp rise in the number of stores in six major sports brands in China, and after market demand contraction, expansion worries appeared, followed the, six major sports brand company was set off by a wave closing surge.Anta's annual report shows that 8,075 in Anta series shop last year in 2011, representing a decrease of 590.