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2008-12-12 15:56 source: Chinese trade promotion network Author: Chinese trade promotion network Click: Eurostat (Eurostat) preliminary statistics released in October this year the euro zone (15) retail sales over the previous month fell 0.8%, compared with the same period last year, down 2.1%. October retail sales in the 27 European countries fell 0.3% from September, down 0.8% from the same period in 07. Compared with the previous month, the euro area include textiles, clothing and footwear, according to Eurostat (Eurostat) preliminary statistics released in October this year the euro zone (15) retail sales over the previous month fell 0.8%, compared with the same period last year. Fell 2.1%. 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The bike that was hanging from the nanny car is a "& nbsp; & nbsp; & nbsp; in the world's largest athletic shoe and apparel manufacturer Nike announced plans layoffs shortly after 4%, which is also China broke ground in Asia's larges jordan retro 14 white/fuchsia blast/black t logistics center. & nbsp; & nbsp; & nbsp; Nike's vice president and general manager of global and China, said Wei Han Ting, invested nearly $ 100 million in this new logistics center will be located in Taicang, Jiangsu Province Economic Development Zone, the eastern coast of China. & nbsp; & nbsp; & nbsp; last week, is headquartered in Beaverton, Oregon, Nike has just announced that the company will be restructuring, streamline operations organizations, it is expected to cut up to its 35,000 worldwide 4% of employees. & nbsp; & nbsp; & nbsp; in fact, compared to other large companies, Nike's performance in the crisis called good. Although the United States and parts of Europe due to weak market performance recession, but thanks to strong sales in China and Japan and other markets, Nike in the second fiscal quarter of fiscal 2008 (September - November) net profit still increased by 8.8%. & nbsp; & nbsp; & nbsp; However, this sports industry giants can not avoid the impact of the financial tsunami. Sales of Nike China the second fiscal quarter of fiscal 2008 increased 27% compared with the previou cheap air jordans s quarter fell sharply by more than 50% growth rate. It is reported that Nike's fiscal third-quarter earnings will also be significantly reduced. & nbsp; & nbsp; & nbsp; in the face of the global financial crisis hit, layoffs Nike's move is not surprising, but at the same time, "Adversity" to increase investment in China is seemingly irrational. & nbsp; & nbsp; & nbsp; Analysts pointed out that the new logistics center layoffs and Nike are part of the plan to deal with the crisis, the purpose of the product to market faster, while reducing expenditures, so as Nike lay the foundation for long-term development. & nbsp; & nbsp; & nbsp; In addition to its own financial strength, the Nike courage to increase investment in China in times of hardship, more emboldened come from confidence in the Chinese market. "Stimulating domestic demand," the Chinese government effort to package implementation, leaving many foreign smelled more business opportunities. & nbsp; & nbsp; & nbsp; The industry believes that in troubled European markets, the Asia-Pacific in particular, the vigor and vitality of the Chinese ma cheap foamposites rket, will become a large multinational companies rely on to adjust competition, create new growth power point lies. & nbsp; & nbsp; & nbsp; the highest person in charge of Nike's business in China Wei Han Ting said the new investment is further proof of the Nike committed to long-term development in China's determination. & nbsp; & nbsp; & nbsp; he said, this advanced logistics center will thousands of retail outlets throughout China to provide more rapid logistics services by up to 15% shorter delivery times. & nbsp; & nbsp; & nbsp; At present, China has become the largest overseas market for Nike. Data provided by Nike China, Nike in China has more than 4,000 stores, in 2008, Nike sales in China more than 1.1 billion US dollars, an increase of more than 50 percent, far higher than the average growth rate of 26 percent in the Asia Pacific region. & nbsp; & nbsp; & nbsp; public information also shows that China now has 144 contract factories Nike foundry, Nike, the world's 185 factories in 57 focus located in China. & nbsp; & nbsp; & nbsp; due to the Chinese market where the Asia-Pacific region Retro jordans for sale has become the most important growth point Nike, China will undoubtedly become the focus of its investment in strategic areas. & nbsp; & nbsp; & nbsp; Nike's communications director, China Zhu nearly Qian said: "So we are in Shanghai and Guangdong have a logistics center, taking into account the further development of Nike's business in China, we decided to build a bigger of. " & nbsp; & nbsp; & nbsp; According to reports, Nike invested $ 99 million logistics center in China with a total area 120,000 square meters, the equivalent of 150 basketball courts, it would also be one of China's largest logistics center. & Nbsp; & nbsp; & nbsp; & nbsp; many advanced logistics management and control technology will also be fully applied in the new center, including radio frequency technology, warehouse management systems and on-site waste treatment facilities. & Nbsp; & nbsp; & nbsp; & nbsp; According to the project schedule, the center will begin operation in the third quarter of 2010, out of an annual total of up to 240 million times a warehouse. 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