www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
World / Newsmakers

More Chinese turn to Western sports brands rather than luxury names

(chinadaily.com.cn) Updated: 2016-06-17 15:04
More Chinese turn to Western sports brands rather than luxury names

Sportswear on sale at a Nike store in Fuzhou, Fujian province, on January 9, 2016.[Photo/VCG]

Chinese consumers are turning more to Western sports brands rather than big luxury names when they go shopping, according to media report.

Nike's Greater China sales are strong, with orders from September to April up between 27 and 35 percent.

Sales in Greater China for Adidas grew 38 percent to 2.47 billion euros ($2.79 billion) last year and now account for about 15 percent of global revenue. The brand opened more than 500 Chinese stores last year, taking its total to about 9,000, and wants to add another 500 this year. Sales in the country increased 22 percent in the first quarter, said CEO Herbert Hainer.

Growing demand to stay fit and healthy is another factor behind the boom in sports brands. The fitness industry recorded sales of 127.2 billion yuan in 2014 ($19.3 billion), an 84 percent increase over 2009, according to a March 15 report of China Daily. The government is encouraging this trend, hoping to drum up more interest in sports before Beijing hosts the Winter Olympics in 2022.

The Chinese sports industry is still underdeveloped. Sports accounted for just 0.7 percent of the country's GDP last year, or 474 billion yuan ($72 billion). The government has a target of over 3 trillion yuan by 2020.

The sports boom has yet to pay off for some of China's home-grown brands. Competition from Adidas, Nike and other foreign brands is hurting many of them, with order growth falling from high double-digits last year to low-to-mid double digits in early 2016.

Previous Page 1 2 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 在线播放亚洲视频 | 亚洲午夜a | 日韩高清在线二区 | 成人国产精品一级毛片天堂 | 免费国产成人手机在线观看 | 欧美一级视频在线高清观看 | 欧美大片一区二区三区 | 欧美在线一区二区三区欧美 | 亚洲美女视频网 | 中文一区在线观看 | 成人a级高清视频在线观看 成人a毛片 | 亚洲欧美影院 | dvd8090cnm欧美大片| 午夜三级a三级三点在线观看 | 欧美日中文字幕 | 一级免费a| 欧美曰批人成在线观看 | 亚洲精品国精品久久99热 | 久久夜色精品国产噜噜亚洲a | 国产亚洲精品九九久在线观看 | 成人午夜在线播放 | 伊人2233| 久久国产视频一区 | 久久2017| 在线观看免费国产 | 久久中文字幕综合不卡一二区 | 久久亚洲成人 | 欧美成人性做爰网站免费 | 成人香蕉xxxxxxx| 欧美色性| 国产婷婷一区二区在线观看 | 九九视频国产 | 99精品久久99久久久久 | 日本vs欧美一区二区三区 | 亚洲免费观看网站 | 国产精品专区第二 | 热99re久久精品精品免费 | 免费成人毛片 | 男女精品视频 | 成人免费在线网站 | 久久久免费 |