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Source: sneakernews& nbsp; & nbsp; & nbsp; & nbsp; [Chinese shoes Network - Brand Dynamics] Nike's 2015 fiscal year results show the previous fiscal  year, Nike revenues $ 30.6 billion, an increase of 10% in the region, except in emerging markets are achieved overall growth. Among them, the Chinese market has once again grow to the Nike brand, for example, the report period, its revenue in China realized 30.67 billion, an increase of 18%, as Nike's contribution rate to 10.02%.
? The reasons for the growth performance of China, Trevor Edwards, president of the Nike brand presentation on the conference call, said: "the excellent performance of the Chinese market in fiscal year 2015 proves th Cheap air jordans for sale at our strategy has worked, and return to the high growth phase that we have to improve. himself and wholesale partners profitability and production capacity, China's stock market has returned to normal levels. "It is understood that in the Chinese market decline after 2013, 2014 Nike to develop Nike +, enter the Nike Women, in lifestyle areas layout.
In addition, the growth performance of the Nike China's domestic sports market recovery not unrelated. Sports brand experts, the key road sports consulting firm CEO Zhang believes that the Chinese  market began to stabilize last year, before the entire industry, the situation is not very good, but with the rise of the running boom, professional sports demand is increasing, the consumer On the sports lifestyle also achieved from developing countries to developed process forward, led the increase in the consumption of sports products.
In the industry, a certain degree of growth in the context sports market competition is also being gradually rewritten. Magang shoes and apparel industry analyst said the sports market has been no major change, but the market share in the redistribution of the strong get stronger, increase the degree of market concentration. He predicted that twenty or thirty Ebb Tide brand will exist in the future on the market only five or six brands.
Zhang also believes that the future of the brand several professional basis for growth will be relatively large, but some "trickery" brand day certainly will not be easy, will be eliminated, the brand concentration degree of the industry will strengthened. It is understood, his mouth said, "trickery" mainly refers to the second and third tier brands, said that sports brands, but more to take the casual route, product differentiation is not obvious, research and development in the functional exercise inputs are insufficient to shape aspects and consumer brand of sports culture influence with relatively weak. According to his estimates, the next five years, that is, as of 2020, industry concentration will be further enhanced.
In this round of industry concentration process, said experts believe that the "boss" Nike will rely on its own strength to expand market share, to maintain revenue growth.
Nike brand in terms of their future is full of confidence. Trev? Edward said Nike brand will be based on fiscal year 2015 growth to continue implementation of the future of existing consumer-led strategies to achieve sustainable, profitable growth objectives in this key market China. Meanwhile, orders for the Nike brand in Greater China grew 20% 6-11 months also hit a shot in the arm for. (Chinese shoes Network - the most authoritative and most professional shoe News Media Partners: China sports shoes Network)
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