U.S. “Market Promotion Network” May 22 article, the original title: Nike and Adidas began to move out of China, which is quite illustrative of the problem Nike and Adidas are moving more Asian manufacturing operations from China to Vietnam, thus continuing the recent emergence of A new trend: More and more companies are leaving China for higher costs. Adi reported that 44% of the company’s footwear products were produced in Vietnam last year, up 13% year-on-year. In the same period,nike huaraches cheap, the proportion of “Made in China” Nike shoes has dropped from 32% to 19%. For many years China has been the cornerstone of the (global) manufacturing industry, but now it seems that the footwear industry has acquired a new identity: a country with rich experience and thus more skills than its competitors to build higher-end products. For example, luxury brands such as Balenciaga, Prada, Burberry and others have all started production operations in China and announced that China “has extraordinary skills in producing more elegant and chic footwear products.” In the eyes of these high-end brands, China is no longer Only large-scale production of low-cost manufacturing power. This reputation improvement is also making China pay some price: attracting the driving force of some brands, is prompting some companies to move to China’s neighbors. It has been reported that the layout of global sports shoes is now different from the past, and this situation may not be likely to change soon. When CNN said in 2016 that companies were considering productivity at the time, China’s labor costs were only 4% lower than in the United States. In addition, wages in China are growing at a faster rate than productivity growth, and the renminbi is gradually increasing. “In a nutshell: (turning to) China’s manufacturing industry is no longer a universal way to save costs.” Two years later, CNN’s speculation has basically become a reality. Nike and Adi are the giants in the global footwear and apparel market, and are often the leaders of their peers. In addition, luxury brands such as Armani and Burberry are utilising the Chinese manufacturing industry as a symbol of quality. Nowadays, China regards China as a day to produce reliable products at a low price and maximize profits, or Will soon be gone. (Translated by Brendan Minapes, Ding Yuqing)
Cheap buy Nike, Adidas and other well-known sports brands, users may have encountered in life. Recently, Longquan Station Police reported a case to the media.cheap huaraches, In a mall in Longquanyi District, five suspects who sells counterfeit sports goods at a low price were arrested. Two counterfeit sportswear seizures were seized at the scene, seized and faked Adidas, Nike and Ann Dema and other brand-name sports apparel and footwear more than 1,400 pieces, the amount involved up to 80 million. Currently, the five suspects suspected of selling counterfeit registered trademarks of the crime of criminal detention, the case is still under investigation. The majority of consumers please purchase goods through formal channels, enhance safety awareness, beware of being deceived, in particular, should be promptly on the brand name products, two-dimensional code to verify the inquiry. If the purchase of fake goods, timely reports to the market regulatory authorities to report, the public security organs will actively investigate the clues of criminal offenses, the sale of counterfeit registered trademarks of goods suspected of crime resolutely investigated and dealt with according to law. After the 2008 Olympic Games, there was a inventory crisis in the sporting goods industry in China. This crisis forced the industry to shift from the wholesale model to the retail model. Anta (02020.HK) became the third largest sports brand in the Chinese market after Nike (NYSE: NKE) and Adidas due to the successful transition and the rapid accumulation of competitive advantage. Other companies such as Xtep, 361 degrees still in the middle of the transition, the past two years revenue has returned to pre-crisis levels, there are some companies are struggling online. With the state’s advocacy of the sports industry and the improvement of people’s health awareness, the sporting goods industry in China has been going through rapid growth. The market size in 2017 has reached 211.248 billion yuan. At the same time, industry concentration is also gradually increased. Many industry sources said that the future of China’s sporting goods industry will remain “strong stronger”, about three domestic integrated sports brand with Nike, Adidas competing in the Chinese market, other brands only in the various segments Looking for survival opportunities, a little careless will be the next Del benefits.