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release date: March 15thPrice: related information:& nbsp; & nbsp; & nbsp; & nbsp; [Chinese shoes Network - Brand News] November 7, 2013, Adidas Greater China released third quarter results show, according to the exchange rate constant calculations, Greater China, third quarter sales growth of 9% in the first three quarters of sales revenue increased 7%, sport performance and sport fashion series has become the main driving force of growth. High Skyline General Manager of Greater China director of Adidas Group (Colin Currie), said: "Adidas Greater China maintained a good momentum of growth, which from our strong financial performance this quarter can be proved to make our achievements. I am very satisfied that we have the right track towards our 'leading to 2015' strategic goal ahead. " Reported Adidas global group sales remained stable gross margin rose 2.1 percentage points to 49.8%, operating profit margin grew 0.4 percentage points to 10.5%. However, negative currency exchange impact on sales revenue in euros, compared with 11.514 billion euros in 2012, the first three quarters of 2013, group sales decreased by 4 percent to 11.013 billion euros. "serious adverse exchange rates, our short-term distribution bottlenecks in Russia / CIS countries, as well as an unexpected encounter in the global golf market of inventory liquidation of our results for the third quarter had a new jordans shoes for sale negative impact," Adidas Group CEO Hector Bert ? Haina (Herbert Hainer) commented, "Despite these challenges, we still achieved a steady earnings per share in the first three quarter of our industry-leading innovation and strong partnerships significantly enhance our industry The high-end multi-brand sporting goods company's position, which in turn boost the group's gross margin to refresh our record. " reported a 2013 third quarter, Adidas and Reebok's wholesale business decreased by 2%. But retail sales last year, compared with an increase of 6%. Sales of other services fell by 1%, which is mainly derived from the TaylorMade - adidas Golf business sales decline, exchange rates have a negative impact on sales revenue of each business unit for euro. constant exchange rate basis, the third quarter of 2013, the adidas Group global sales remained stable. From a regional perspective, sales in Western Europe decreased by 6%, mainly due to the 2012 London Olympics game products ordered exuberant, so this year, showing a relatively high contrast differences. In addition, the region continues to face a macroscopic economic challenges. From the brand perspective, third quarter, Adidas business sales remained stable; the Reebok business sales grew by 5%; TaylorMade - adidas Golf business sales fell by 16%; Reebok - CCM Hockey business sales grew 4 %; and music stage business sales reve cheap foamposites for sale nue fell 4%. 2013 third quarter, the Group's sales revenue fell to 3.879 billion euros, with the 2012 level of 4.173 billion euros compared to a 7 percent lower. Group shareholders based on net income fell 8% to 316 million euros (2012: 344 million euros). In the third quarter, basic and diluted earnings per share fell 8% to ? 1.51 (2012: 1.64 euros). Following the announcement in September of this year lowered expectations, management can confirm that sales performance in the fourth quarter will be significantly improved. Thus, according to the exchange rate constant, it is estimated in 2013 the Group will achieve sales revenue growth in the low single digits. In 2013, the adidas Group gross margin is expected to increase to 48.5% -49.0% level, compared with 47.7% level has been greatly improved compared to last year. Adidas said that due to high profits in emerging markets and the retail business is expected to exceed the growth rate of more mature markets and wholesale business, active regional and channel mix effects Group gross margin will benefit. In addition, the retail sector and the growth of the Reebok brand will also bring a positive impact on Group gross margin. However, these positive factors will be lower than last year's hedge exchange rate and higher labor costs, partially offset by a negative impact of these will cost of sales. 2013, Adidas Group predicts jordans for sale that its operating margin will increase to around 8.5% level (2012, excluding goodwill impairment losses: 8.0%). 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