Nike in China foundry orders try for large volume growth in the market

Nike, as it marked up on a hook Xie Fei, the economic crisis under the weight of Nike's orders in China in the near future try for the emergence of the market. The world's largest athletic footwear manufacturer Yue Yuen (00551, HK) yesterday said that as expected in September 2009 of the current financial year revenue will be higher than the previous fiscal year, Jordan 18 the company Nike has been a major customer announced in November this year to April orders for next year's year-on-year rise of 6%. Chairman Cai Yue Yuen to believe that the global financial crisis led to the closure of small factories, for which the Group's increase in orders. Data released earlier showed that Yue Yuen 1 to November revenues of 4,660,000,000 U.S. dollars, higher than the same period last year of 3,840,000,000 U.S. dollars. In Europe and the United States had a rough market, so that Nike seems to be especially popular in China's manufacturing. Nike announced last week in the 2nd quarter financial results, due to growth in overseas sales offset weakness in the U.S. market, net profit growth of 8.8 percent, better than analysts expected, but revenue was slightly lower than expected. At the same time, Nike is scheduled for December to April next year to ship orders in the future of the global total of 6,700,000,000 U.S. dollars, Jordan 19 over the same period last year, a drop of 1%. Sources pointed out earlier, as part of the plant in Thailand to close, Nike will be more orders to China, will be the end of the year in Fujian increased by 5 production lines. Although an interview with reporters in Fujian was not clear when the parties concerned to respond, but one of Nike's Fujian Province on behalf of the factory has predicted that the Nike brand, such as movement of orders tend to be centralized. Jordan 20 For Nike's action, industry analysis, China's mature production chain Nanshe Nike is one of the reasons why, and the large number of orders sent to a certain size enterprises can make to reduce the costs to increase profit margins. Yesterday, just signed a production of 20,000,000 yuan of orders for a clothing manufacturer in Zhejiang Province who is responsible for the "Daily News" said that they currently have signed orders for next year so that production can be maintained until July, "I also live out 9 to the production plant. " In Guangdong, Zhejiang Province, and other major export, have so far this year there have been a significant reduction in the number of export enterprises, but the number of year-on-year export growth, Jordan 21 which means that the size of a small number of companies have a large number of export orders. Guangdong Customs data showed that the first three quarters of this year, Guangdong exported toys 4,470,000,000 U.S. dollars, representing growth of 6.3 percent over the same period last year, especially notable is that a substantial reduction in the number of export enterprises, according to the unit owner-caliber statistics, in September this year, Guangdong's toy export performance enterprise 2191, the same period last year 1391, only 60 percent of last year. watch a sexy girl sale cheap jordan shoes good music body diary sale nike/jordan shoes