Belle's sporting goods business development momentum is good. Because Belle distribution product 90% from sports brands such as Nike, adidas, with its powerful brand and channel sink strategy, Belle sporting goods business revenues and gross margins were relatively stable. And brands to be more effective channels for help, though faced with discount promotions and problems new balance 574 passport pack uk
of sluggish growth per store, Belle's agent business is still expanding. In addition, there are powerful owned shoe business, supported by Belle in cash-rich, as a sporting goods distributors competitive.
Financial stocks, looking to the future competitive landscape2012 the end of the money stock (cash and equivalents + bank deposits) has provided us with several large domestic sportswear brands in wealth ranking. ANTA (4.99 billion dollars) and KAPPA (4.98 billion dollars) are the two of the richest in the sporting goods industry.Saidnew balance 574 rugby pack uk
goodbye to the madness of growth, the market entered a period of adjustment. Within the next two or three years, ' acquisition events in the sporting goods market is likely to increase competitive brands will come to the fore. But a few acquisitions between large sporting goods will happen?
Combined with the market value of the brand, we wonder about the future competitive landscape of imagination. At present, the reserves worth less than the ANTA and trend sports brand Li-Ning, peak and 361 degrees. Especially worth only $ 2.7 billion worth of Pico, jokes that, the focus on basketball and was first created brand enterprises in Jinjiang, will be acquired in the future competition? of course, Anta basketball product is core business, on the face of it, integrate Pico no significant benefit.From a cash flow perspective, we expect the ANTA would become the