The Development History Of Ugg Boots UGG Bailey Button Boots 5803 Chocolate
HC shoe net August 28 hearing, in recent years, the total cost of the footwear industry in China rose 20% -30%, while the footwear industry's average profit margin of less than 10%. Renminbi The continued appreciation of the labor, land and environmental protection, rising costs have to be on the shoe-making enterprises, especially enterprises OEM shoes fatal blow. Which less than 10% of the profits, even the largest contract shoe Yue Yuen Industrial is to suffer. Yue Yuen Industrial is a world-class Sports shoes Brands Nike, Adidas's largest foundries. In mid-August, Yue Yuen industries reported a consolidated first 7 months this year, total operating income, net 2.883 billion U.S. dollars, down 1.58%; consolidated operating income in July this year, a net 4.28 billion a year or 3.88%. Addition to the upstream production processes, the as Nike and Adidas in China's largest retail Proxy Business?? Belle Group first quarter same-store sales fell 6% of the monthly double-digit decline was also a breakthrough. Agent "adidas" and the "Nike" brand sports such as Daphne said, because of brand management in the meager profits, the Group will re-examine the development of sportswear plans to focus on Shoes Business. So Belle in downsizing, in order to curb the decline in performance sports brand agency situation, Belle in the first half to greatly reduce the number of inefficient sport shoes and apparel stores, 346 shop off the net, of which 304 stores for second-line brand. All this, the final analysis, because the shoe industry, margins are thin. Little shoe industry, so a lot of money began to flow from the other shoe industry. Case 1: Leather shoes Plant an uncertain future real estate speculators earn 100 000 a day Recently, Wenzhou become the new hot real estate speculators group.Only 32 years old this year, Yip, as early as five years ago began to get involved real estate speculators. "Second half of last year Financial Crisis dealt a serious blow to her husband's company, if not a few shops, a hard 10 years of shoe factory must have been long closed. "Yip said. Yip recalls that Export Abroad, a sudden drop in orders for leather shoes, machine downtime, hundreds of workers have continued to possessor, which makes the plant look on her husband into a corner. Bank loans are also no models at once, they not only bought our mortgage a few months Mercedes-Benz cars, and also by the civil 6 points higher interest rate loans. "Hundreds of million of 6 points rate loans so that we husband and wife breath, we discuss some friends, can not put my house in Shanghai, bought several sets so you can repay high interest loans. Fortunately, a friend agreed to house the then market price will be bought, Only a certain working capital. "Yip said, to get through those" tough "times, have a" spare cash ", she and her husband felt that financial crisis still do not know how long, shoe factory's future, "slim" and simply no longer on the shoe factory for additional investment, starting a large amount of money into low risk real estate to make money fast. View more Industry News>>> UGG Bailey Button Boots 5803 Chocolate