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0.jpg (116.67 KB, download times: 0) download attachment save to album 2014-11-5 upload at 19:42 1.jpg (163.6 KB, download times: 0) download attachment save to album 2014-11-5 upload at 19:42 2.jpg (138.42 KB, download times: 0) download attachment save to album 2014-11-5 upload at 19:42 3.jpg (214.9 KB, download times: 0) download attachment save to album 2014-11-5 upload , Iridescent, Nike at 19:420.jpg (95.66 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 1.jpg (44.24 KB, download times: 0) download attachment save to album Cheap air jordans for sale Upload 09:20 2015-3-26 2.jpg (47.08 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 3.jpg (20.7 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 4.jpg (86.7 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 5.jpg (72.98 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 5. Sergio Hidalgo Paredes aka Sixeart 6.jpg (37.9 KB, download times: 0) download attachment save to album Upload 09:20 2015-3-26 7.jpg (23.96 KB, download times: 0) cheap foamposites download attachment save to album 2015-3-26 09:2 technique& nbsp; & nbsp; & nbsp; & nbsp; [Chinese shoes Network - Brand Dynamics] According to the world's largest banks and financial institutions Citigroup analyst Thomas Chauvet latest report shows, Kering Group is likely in the next 12-18 months Puma and its selling in other sports and leisure goods sector. Although Kering group has been attempting to reverse the decline of the brand Puma, group chief executive Francois-Henri Pinault changed in the past refused to respond more to do with the sports apparel brand attitude matters to Bloombe cheap jordans for sale mens rg said he was "very confident that we will We can continue to reverse the Puma. "However, according to Citigroup analyst Thomas Chauvet report shows that in the past decade, Puma operating margin has shrunk more than 10% this year to 2.6% or even reduce, the lowest. Although Kering Group will not rush to sell a 86% lower price of the shares they hold, but "within the next 12-18 months, it might become a reality." According to the company related to financial results, Puma first quarter net income fell 30.3 percent to 24.8 million euros (about 28 million US dollars), Puma first quarter sales rose cheap jordans online 13.2 percent to 821.4 million euros (about 926.9 million US dollars). Excluding the impact of currency exchange rate fluctuations, the increase was maintained at 4.4%. Due to negative currency effects, the company's gross margin (a key indicator of profitability) fell from 48.5% to 46.9%, the annual EBIT (EBIT) at 80 million and 100 million euros (about 86.8 million - $ 108.5 million) between. In fact, Kering group move into the lifestyle brand is no way to generate a valid value for shareholders, synergies luxury did not happen as expected. Since the 2007 acquisition of Puma, return on invested c Retro jordans for sale apital and income profits of its brands are going in the wrong direction. Although it has been working to improve the brand development, last year more heavily engaged Rihanna became creative director of the brand, let her "hands" added to the product creation. Then, also with United Legwear and Apparel Co. joint venture Puma Kids Apparel NA LLC cooperation children's series, but the brand was not a clear upward trend. Gap Puma and market leader Nike Inc. and Adidas AG has continued to expand, and the face, such as Under Armour Inc. and other fast-growing competitors is no counter force. Puma anno Cheap air jordan 12 for sale online free shipping unced in May to cut its full-year profit forecast, due to the strong momentum of the dollar, coupled with higher marketing, information technology and retail investment, expected earnings will slump. Puma CEO Bjorn Gulden also pointed out that because of the lack of a strong brand Puma influence, it would "take more time." He also believes that "we are in a transition phase. This is the price we have to be careful too fast Cause", and described the process as a "marathon, not a sprint." In addition, by the end of June this year, Puma has been sold to an American brand management company Authentic Cheap air jordan 12 ovo Brands Group's Swedish brand sports shoes Tretorn. Tretorn is 1891 by the Henry Dunker founded in Sweden in 2002 was acquired by Puma. Authentic Brands Group and the acquisition will be implemented to expand the main strategy to expand the accessories and sportswear categories. Thomas Chauvet believes, Kering Group's management for the sale of assets has always been emphasis on practicality. In the face when dealing with Puma and its other sports and leisure products sector, Kering Group will be possible through the spin-off way to sell to industry buyers or private equity transactions, "to create cheap jordans for sale a single luxury group, in our view, prove to reassess is reasonable. " According to the analysis Chauvet's, Puma valued at 2.4 billion euros (about 2.7 billion US dollars). Until July 1 morning trading, shares of the company rose 2.4 percent to 145.9 euros, a market capitalization of 2.2 billion euros. Fashion headlines net until the time of writing, Kering Group spokesman did not make any response on the matter. 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