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competition application form (see annex 2), by mail or E-mail to the organizers. Meanwhile, China leather net www.chinaleather.Org for contest-related information. Thickening of the sporting goods companies rely on new stores sale way is entering a period of adjustment. Famous sports brand Li-Ning decided to place in 2011 the consolidation of distribution channels, the main action is off poor performance for a single store. It is reported that the closed store about 500-600, very roughly speaking, close stores total stores number about 8%. Is still not clear what will the closed stores in Chengdu area stores. The industry believes that sports brands and sales channels into a period of consolidation in the future, sports supermarket or would rise. Sporting goods retail pressure on chunxi road, East, a street just outside in addition to special step stores, less than 50 meters and a Nike, next to the Jordan and Anta sports. Chunxi Road West, not just Nike, adidas or Anta, 100 famous exercise factory store, not far from a Sports store.

Competition has become into new balance 574 womens overdrive. Li Ning company 2011-large orders in the second quarter on the site showed that the order amount computed in accordance with wholesale shipments declined by about 6% from a year earlier. Group Chief Executive Zhang Zhiyong believes that sporting goods retail environment significantly this year were coming under greater pressure, partly because of past reliance distributors shop model for growth, has been unable to continue, on the rapid increases in the cost of retail operations, so that growth expectations for next year are more conservative. Li Ning to put 500Stores in the face of fierce competition, Li Ning has thrown a series of solutions, including integrating some underperforming stores, promotes corporate performance by improving same-store sales growth. According to its current tally of more than 7,000, as well as order

quantity decreases in margin calculations, the closing number may have reached 500-600, or less than 10%. As of June 30, 2010, the retail outlets in China reached Li Ning-7478. By June 30 this year, Li-Ning 129 dealers operating in China amounted to 7004 licensed retail stores, Li Ning, China's 18 provinces, a total of 474 stores. Closing an indefinite number of Sichuan this adjustment will involve how much Sichuan stores it? Li-Ning's Beijing Headquarters said, closing 500Stores are designed to channel integration needs, by improving same-store sales to promote the performance of the company's revenue growth, as the specific data of each place, it is not clear. For messages it would close hundreds of stores, and a Li-Ning on chunxi road store's staff said they were not informed. The staff noted that currently on chunxi road, Li Ning, a total of two stores, a strong