In fact, nike shox yesterday published an official statement. Today, I once again that the bankruptcy of our distributor in Spain, Nike subsidiary. His company is his, not ours; he was just running our Nike products. We are currently working to help them deal with some of their own signed contracts with sports teams, but this does not affect our cooperation with the sports teams, including the Spanish national basketball team.
In fact, this is difficult terms; nike air max 180 operational efficiency is not high enough. As a consumer goods,http://www.cheapnikeshoesz.com/ because Nike operational efficiency is not high enough, will lose some interests should be given, and should create business value. Nike high pressure on the stock is one of the manifestations.
Therefore, we cooperate with TPG (U.S. private equity fund, has 17 years of investment experience in China, the cheap nike consumer and retail industries have a strong resource to help Taiwan-funded footwear manufacturers have been successful the Daphne turnaround restructuring), they have a the team of more than 10 people had been stationed at the Nike company, is followed by the employees of various departments to work together. TPG in the next two years all of our business, such as design, production, channels, piece by piece to sort out and upgrade. Nike Company in terms of survival and development is essential.
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