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The fourth quarter of last year, Puma sales fell 13.2 percent to 698.3 million euros, net loss amounted to 115.2 million euros. 2013 full year net profit plunged 92.4 percent to Puma 5.3 million euros. Insiders told the "Daily Economic News" reporter, the Chinese market is concerned, getting away from the sports brand Puma has the first camp, in competition with Nike and Adidas and other brands, and gradually marginalized and niche. full-year net profit fell 92.4% Under In the third quarter sales revenues, gross margins and operating profits were significantly reduced in the background, the fourth quarter of 2013, Puma's performance even more is not optimistic. As of the fourth quarter of December 31, 2013, the Puma sales fell 13.2 percent to 698.3 million euros. All Group regions, all categories except parts outside income have declined, footwear sector revenue is down 20.9%, the Americas, Asia Pacific, Europe, Middle East and African markets have a double-digit decline in revenue. The fourth quarter of last year, Puma loss amounted to ? 115.2 million, loss per share of 7.71 euros, compared with 42.6 million euros a year earlier loss widened 170.2 percent. subject to clear inventory and foreign exchange effects, Puma fourth quarter gross margin fell 140 basis points to 43.2%, including footwear sector gross margin fell 230 basis points to 39.5%; gross margin fell 190 basis points to the garment sector 44.7% ; accessories sector gross margin rose 40 basis points to 48.4%. full-year results show, in 2013 Puma sales fell 8.7 percent to 2.9853 billion euros, under fixed exchange rates compared with the same period last year 3,270,700,000 euros fell 3.0%. Full-year gross margin fell 180 basis points to 46.5%, net profit plunged 92.4 percent to 5.3 million euros, earnings per share of 0.36 euros together. Puma expected fiscal 2014 revenues flat year on year, the second half of the first half revenue growth to offset the revenue decline. "Daily Economic News" reporter has learned that the French luxury goods and sports leisure goods manufacturer PPR Group (now renamed KERING) holds a 82 percent stake in Puma Group, which PUMA Group profit fell to the Group's results to some extent. In the industry view, Pu Cheap jordans online air jordan 11 blackout for sale ma continued down trend from "back on track" and farther away. away from the first camp Last year in March, the former Puma CEO Franz? Cork formal resignation. Next May, PPR Group announced Puma board of directors has appointed Norwegian Bjorn? Goulden for the new CEO. Right now, Bjorn? Goulden results for Puma in 2013 expressed disappointment, saying that there is no core brand Puma, commercial products and a satisfactory distribution organization. Nine Camp Consulting Managing Director Shao Ligang told the "Daily Economic News" reporter, after the replacement CEO, Puma's marketing strategy and no clarity, "for the CEO, but there is no effective means appear, personnel adjustment does not make sense. "He said that if the results continue to slump, the possibility of again being replaced CEO also exist. In the industry view, PPR Group in the conversion to KERING, most failed investment is holding Puma. Industry pointed out that Puma in China's position and influence in the international arena is far behind its position. "Before the Chinese market, it also came in the first camp, but now from Nike, Adidas relatively far away." Analyst who asked not to be named, said. torsional performance stressful Investment Advisor in Senior researcher Guo Li told the "Daily Economic News" reporter, Puma has achieved good economic and market share, and now the development of the situation is not ideal, in addition to pressure from Reebok, Nike, Adidas and other traditional competitors , but also by the special steps, Pick, Jordan sports and other Chinese brand impact. In the industry view, for KERING, the priority is to enact a new policy for the Puma brand, thus reversing the downward trend in its turnover. In January, Puma and Arsenal Football Club signed a long-term cooperation agreement. It is reported that the cooperation agreement will come into effect on July 1 this year, Puma also will henceforth become the official partner of Arsenal football club's equipment. Guo Li believes that Puma ? 170 million sponsorship of Arsenal is one of the companies to increase the visibility of the way. Key Road Sports Consulting Ltd. founder Zhang noted that the follow-up Puma to do three things, first of all strengthening sports marketing, and secondly that the trend of the control, the last is the channel construction. In the analysts view, the new CEO to bring out the great difficulties Puma difficulty, both old rival of pressure, as well as the impact from the fast fashion, Puma and more niche, market share is difficult to spread, This is the follow-up to solve their problems. (Chinese shoes Network - the most authori air jordan 11 space jam for sale tative and most professional shoe News Media Partners: shoes famous network of global fashion brand network)Stay up to date on all the Sneaker Release Dates 2017 you need to make sure you never miss another release from your favorite sneaker brands. This page is updated regularly so keep it locked right here for all Sneaker Release Dates and be sure to bookmark and share this page with your friends so they can keep updated as well. 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Release Date: August 24, 2017 PUMA XO Parallel Release Date: August 24, 2017 Price: $220 adidas EQT Support ADV PK Color: Aqua/Black-White Style Code: BZ0008 Release Date: August 24, 2017 Price: $140 ?? Shop: SNS adidas EQT Support ADV PK Color: Aqua/White-Black Style Code: BZ0006 Release Date: August 24, 2017 Price: $140 ?? Shop: SNS adidas EQT Racing ADV Color: Aqua/White-Black Style Code: BZ0000 Release Date: August 24, 2017 Price: N/A ?? Shop: SNS Nike Air Zoom Generation QS Color: White/White-Varsity Crimson-Black Style Code: AJ4204-101 Release Date: August 26, 2017 Price: $175 ?? Shop: StockX adidas NMD XR1 ??Triple White?? Color: Footwear White/Footwear White Style Code: BY9922 Release Date: August 31, 2017 Price: $150 ?? Shop: StockX adidas NMD XR1 Color: Core Black/Footwear White Style Code: BY9921 Release Date: August 31, 2017 Price: $150 ?? Shop: StockX adidas NMD XR1 ??Triple Grey?? Color: Grey/Grey-Grey Style Code: BY9923 Release Date: August 31, 2017 Price: $170 Nike LeBron 14 Low Color: Midnight Navy/University Red-Metallic Gold Style Code: 878635-400 Release Date: August 2017 Price: $150 September 2017 Sneaker Release Dates Nike KD 10 Color: University Red/Black Style Code: 897816-600 Release Date: September 1, 2017 Price: $150 Nike LeBron 14 Low EP Style Code: 878635-003 Release Date: September 1, 2017 Price: $150 Nike Air More Uptempo Color: University Blue/White Style Code: 921948-401 Release Date: September 1, 2017 Price: $160 adidas NMD R1 Color: Raw Pink/Trace Pink-Legend Ink Style Code: BY9648 Release Date: September 1, 2017 Price: $130 adidas NMD R1 Color: Grey Heather/Raw Pink Style Code: BY9647 Release Date: September 1, 2017 Price: $130 Nike Air Max 90 ??Rebel Skulls?? Color: Black/Chrome-White Style Code: 700155-009 Release Date: September 4, 2017 Nike Air Max 95 ??Rebel Skulls?? Color: Black/Chrome-White Style Code: 538416-008 Release Date: September 4, 2017 Price: $170 Nike Air Max 1 ??Rebel Skulls?? Color: Black/Chrome-Off White Style Code: 875844-001 Release Date: September 4, 2017 Pharrell x adidas Tennis Hu Color: Blue Style Code: CP9766 Release Date: September 8, 2017 Price: $110 Pharrell x adidas Tennis Hu Color: Dark Navy Blue Style Code: BY8719 Release Date: September 8, 2017 Price: $110 Pharrell x adidas Tennis Hu Color: Yellow Gold Style Code: CP9667 Release Date: September 8, 2017 Price: $110 Pharrell x adidas Tennis Hu Color: Scarlet Red Style Code: BY8720 Release Date: September 8, 2017 Price: $110 Nike Air Foamposite Pro Color: Island Green/Metallic Platinum Style Code: 624041-303 Release Date: September 8, 2017 Price: $230 ?? Shop: Nike.com Nike Flight Bonafide Color: Cargo Khaki/Gum Light Brown Style Code: 917742-300 Release Date: September 9, 2017 Price: $145 Nike Air More Uptempo Color: Light Bone/White-Light Bone Style Code: 921948-001 Release Date: September 15, 2017 (North America) Price: $160 Nike Air More Uptempo ??Knicks?? Color: White/Deep Royal Blue-Team Orange Style Code: 921948-101 Release Date: September 19, 2017 Price: $160 ?? Shop: Nike.com Nike Kyrie 3 ??Kyrache Light?? Color: Black/Team Orange-Concord-Neo Turquoise Style Code: 852396-007 Release Date: September 2017 Price: $120 Nike LeBron Soldier 11 EP ??Kay Yow?? Style Code: 897645-102 Release Date: September 2017 Price: $130 October 2017 Sneaker Release Dates adidas Dame 4 ??Rip City?? Color: White/Black-Red Style Code: BY3759 Release Date: October 6, 2017 adidas Dame 4 ??Un-Dyed?? Color: White/White-White Style Code: BY4496 Release Date: October 6, 2017 adidas D Rose 8 Color: Black/Gold-White Style Code: CQ1618 Release Date: October 28, 2017 Nike Air Foamposite Pro ??Metallic Gold?? Color: Metallic Gold/Black-Black-White Style Code: 624041-701 Release Date: October 2017 Price: $230 Nike Air More Uptempo PRM ??Wheat?? Color: Flax/Flax-Gum Light Brown Style Code: AA4060-200 Release Date: October 2017 ?Price: $185 November 2017 Sneaker Release Dates adidas Yeezy Wave Runner 700 Color: Solid Grey/Chalk White-Core Black Release Date: August 12, 2017 Release Date: November 1, 2017 (Ship Date) Price: $300 Pharrell x adidas NMD Hu Trail Color: Core Black/Footwear White-Footwear White Style Code: AC7359 Release Date: November 11, 2017 Price: $250 Pharrell x adidas NMD Hu Trail Color: Noble Ink/Bold Yellow-Footwear White Style Code: AC7360 Release Date: November 11, 2017 Price: $250 ?adidas EQT Support 93/17 ??Black Friday?? Color: Core Black/Core Black-Core Black Style Code: BY9512 Release Date: November 24, 2017 Price: $180 Nike Air Max 97 Color: Black/Black-Black Style Code: 918356-002 Release Date: November 2017 Price: $160 adidas NMD R1 Primeknit Color: Sea Crystal/Turquoise-Sea Crystal Style Code: CG3601 Release Date: November 2017 Price: $170 adidas Yeezy Boost 350 V2 Color: Blue Tint/Grey Three-High Resolution Red Style Code: B37571 Release Date: December 2017 Price: $220 adidas Yeezy Boost 350 V2 Color: Semi Frozen Yellow/Raw Steel-Red Style Code: B37572 Release Date: December 2017 Price: $220 Nike WMNS Air Foamposite One ??Shine?? Color: Dark Stucco/Dark Stucco-Black Style Code: AA3963-001 Release Date: Holiday 2017 Price: $230 Nike WMNS Air More Uptempo ??Shine?? Color: Dark Stucco/White-Black Style Code: 917593-001 Release Date: Holiday 2017 Price: $130The Air Jordan 11 Retro Low GS ??Citrus?? is set to return in 2015. The last time the Air Jordan 11 Retro Low GS ??Citrus?? released was back in April 14th, 2001. Advertisment This Air Jordan 11 Low will feature a similar color scheme as the original release and will come in sizes that will go from 3 ?C 9.5. The size system for GS models in 2015 will be available all the way up to sizes 9.5, but if the shoe is not a GS the size system will remain the same 3.5 ?C 7. That means that if you??re someone (mens sizes) who was unable to cop these back in 2001 and wear a smaller shoe size, then in 2015 you might have a chance to fit your foot into the newly released Air Jordan 11 Retro Low GS ??Citrus?? colorway. The shoe is fully dressed in a White and Citrus color scheme. Featuring an all-White smooth leather upper with Citrus accents on the tongue tag, back heel and translucent outsole. Air Jordan 11 Retro Low GS Citrus 2015 Release Date Check out the additional detailed photos of the kids?? Air Jordan 11 Low GS ??Citrus?? below that will be available in gradeschool to toddler sizes running up to a size 9.5Y on Saturday, June 20th, 2015 at select Jordan Brand retailers. The retail price tag is set at $120 USD. Let us know in the comments section if you??re happy to see these return in the new GS-size system and stay tuned to Sneaker Bar for further updates as they develop. Air Jordan 11 Low GS ??Citrus?? White/White-Citrus 580521-139 June 20, 2015 $120 RELATED: Air Jordan Release Dates Source: TitoloSupreme x Nike Air Max 98 joint offer information 2016-03-22 15:34:55 earlier exposed the dual Nike and Supreme work together to create Air Max 98, and today finally by the official brought us the actual photos. The first exposure is black and gray version, uppers with rich material presentation, reflects the intentions of both sides, and the details of the integration of both Logo, highlighting the joint identity. It is reported that this series of shoes will be officially released next month, interested friends may wish to continue to pay attention to it. "king of the mountain" -- Alexander Wang x zaidufali Adidas Originals 2017-10-03 11:03:59 Alexander Wang and Adidas Originals cooperation will be launched by the fans much welcome, this time, the two sides once again cycling to the launch of the The AW Run inspired by Mid, AW Skate Mid, the AW and Adilette three pairs of shoes, three pairs of shoes are designed to hit the color color way it is reported that the series of shoes the last 7 days this month, interested friends may wish to act as soon as possible.