Adidas Was Forced to Relocate Its Factories Business Articles | August 27 Cheap NFL Jerseys China , 2012 Because of the "three lows", "Made in China" once was proud of it. They are going to be copied and transcended due to the insufficient of technical contents. Therefore, Adidas, Nike and other world famous brands began to close its factories in China, and then transformed to lower Southeast Asia.
Once upon a time, "low labor costs, low rental costs and low raw material costs" are ultimate tools of "Made in China" Cheap NFL Jerseys , and for a time, these three tools were widely popular all over the world. Hinder dangers, however, existed under prosperity. After all, such "three lows" did not have technical contents, so they were easy to imitate and surpass. Now, this kind of hinder trouble has become a reality. Compared with the "three lows" in China Cheap Jerseys China Free Shipping , there was lower one in Southeast Asia, so some world brands, such as Adidas and Nike decided to shut down its factories in China. There were no big, strong and high technical contents, and poor profitability, and these factors have been puzzling "Manufactured in China". In the past, however Cheap Jerseys China Wholesale , it was possible for us to take "quantity" as consolation, and once we were full of confidence.
Among Fortune Global 500 companies, Shanghai Automotive Group ranked the first 130 among manufacturing enterprises. Its operating income was 67.254 billion dollars, the net profit was only 3.128 billion dollars, and the net profit margin was 4.65 percent. Lenovo Group, which was technology manufacturing enterprises' model, ranked 370. Its operating income was 29.574 billion dollar Cheap Jerseys Free Shipping , the net profit was 473 million dollars, and its net profit margin was 1.6 percent.
For the automotive manufacturing companies, the Germany Volkswagen Enterprise who has strong research and development capabilities possessed the operating income of 221.55 billion dollars. Its net profit was 214.25 billion dollars, and its net profit rate was nearly ten percent. As for business income; Samsung Electronics' was 148.944 billion dollars. With regard to net profit, Samsung Electronics' was 120.59 billion dollars, what's more, its net profit rate was eight percent. As a representative of production Cheap Authentic Jerseys , Apple Enterprise's operating revenue was 108.249 billion dollars. Its net profit reached 259.22 billion dollars, and its net profit margin was twenty-four percent, which was very astonishing.
This was the gap, and where the essence of "Made in China" . To say it honestly, there was cheaper manpower cost. Thus, it became a world's factory, which was a global famous brand who transferred its backward productive forces. What was the reason that why China was chosen by Nike to build plants. The reason was that the labor costs in China were cheap. In addition Cheap Jerseys Wholesale , its design headquarter definitely will not move to China.
A pair of Nike shoes which needed 800 Yuan RMB, however, no more than one hundred Yuan will be paid for material cost. Its channel cost was less than 300 Yuan, and Nike Company will earn 400 Yuan. No more than twenty Yuan will be earned by China's production factory. Yes, we can solve the problem of many affluent labors during the process of OEM. China even can produce its own copied brand in the subsequent ODM (original design manufacture), but can this be called success. Article Tags: Operating Income, Billion Dollars Cheap Jerseys From China , Profit Margin
Luxury Market Research - Affluent Consumers Report Lower Auto Purchase Plans Marketing Articles | May 15, 2009 In the Spring 2009 survey of the wealthiest 10% of all U.S. households, the fifteenth in a series of twice yearly surveys of the affluent market.
A record low level of new motor vehicle acquisitions by affluent consumers is suggested by the most recent survey in a series of studies that began in Spring 2002.
Negative attitudes about the current economy and the economic outlook for the next 12 months are contributing to plans for deferring the purchase or lease of new motor vehicles by affluent consumers during the next year, according to the Spring 2009 Affluent Market Tracking Study, the fifteenth in a series of twice yearly surveys of the affluent market. ? In the Spring 2009 survey of the wealthiest 10% of all U.S. households, only 14% of the affluent consumers reported plans to acquire a new car during the next 12 months. Equal to potential purchases of 1.6 million cars (almost 20% of the current annual sales pace in the U.S. for the auto industry), this is a 30% decline from the Fall 2008 survey and a record low. The record high for intentions to purchase or lease a new motor vehicle was 37% in the Fall 2003 survey.
As in earlier surveys of affluent consumers Cheap Jerseys China , the likelihood of purchasing or leasing a new car increases with wealth (both income and net worth). In the most recent survey, 15% of the households with incomes above $200,000 and 21% of those with a net worth above $6 million plan to acquire a new auto during the next 12 months.
The survey respondents indicated a negative 12 month outlook for business conditions and personal household income. They also reported declines in their net worth, as a result of substantial declines in the value of their home and their investmentssavings during the past two years. Together, these factors have contributed to a general attitude toward reducing or deferring expenditures in all areas.