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Gross margin fell 3.7% in the three quarter, down to 45.3%. Since last year, agents BELLE closed about 50 Adidas stores, Daphne agents close 20-30 about Adidas stores, the total number of stores closed domestic agents may be over 100. In the second quarter of this year, Adidas's sales in Asia, mainly in China and Japan, fell by 9%, the North American market by 11%, Europe's market by 8%, and La Cheap jordans online air jordan 11 blackout for sale tin America by 19%. The Adidas brand in the world has been overwhelmed by the global financial crisis, the foreign key is playing a large decline in value, leading Asian sales prices also fell, indicating that the conduction system of Europe and the United States strong price conduction to Asia, to knock the alarm to China brand globalization. : I wrote at the beginning of last year that the global subprime mortgage crisis would crush the global luxury market. In the first half of this year, I believe that 2/3 of the high-end consumer groups into the mid-range consumer market, 1/3 of the low-end consumer into the low-end consumer market, the low-end consumer market expanded by 10%. At the same time, 50% of luxury goods will be out of the high-end market, and Adidas will become a part of the luxury market. The original Chinese to become first-line brand Montagut, Pierre. Cardin, now reduced to second tier brands. I think, Adidas next stop is Montagut, lower prices into the two or three l jordan retro 14 white/fuchsia blast/black ine city sales, exit luxury market, is a wise choice. If we continue to maintain high-end luxury goods, we will face the risk of bankruptcy. the question is, is Adidas aware of this? From Adidas's 19% - quarter increase in Latin America in the three quarter of this year, it could probably inspire Adidas to move into mid-range positioning. Since it is mid-range positioning, you can only enter the two or three line cities, and domestic local melee. Considering that Adidas was once a luxury, the remains of king of the gas will be coerced into the mid-range product market, which is perhaps Adidas's true portrayal of flowers to the helpless. through the example of Adidas, it has pointed out the direction for the internationalization of enterprise brand in our country. China's mid-range products can only enter the developed countries, the two or three tier cities sales, China's low-end products can only enter the developed countries, towns and communities to sell. Theoretically, there jordans on sale online is no product that can not be sold, but it is afraid that the market can not be accurately located. Because every country and every continent has a middle and low grade consumer market, there are more opportunities. 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