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Lower performance expectations for two consecutive years in the same time, tryin cheap air jordans g to achieve the counter-attack by Adidas shot edge business segments. January 23, Adidas announced that the price will be $ 280 million sale of its US footwear brand music step (Rockport), while the buyer is the New Balance it a strong competitor with another joint venture between the private equity companies the company. fashion sports brand's sales have been sounding the alarm for years, those in which the body is apparently unwilling to sit still manufacturers, chew the root to divest non-core brands become one salvation program. cheap sale Music step January 23, Adidas announced it will sell under the name of the music business to step sneakers a joint venture company by the rival New Balance launched, hoping to take the first step to revive the business. Public data shows, music step by brand Adidas in 2006 to $ 4 billion in price-earnings under the command and become the adidas Group sub-brands. Development so far, Rockport has entered more than 55 markets wo Cheap jordans online air jordan 11 blackout for sale rldwide, 2007 Le step into China, has nearly a hundred shops in China a second-tier cities. And the main brand Adidas sport different styles, Rockport men's and women's series between business and leisure, and the main technological factors. It is reported by New Balance and private equity firm Berkshire Partners venture company will be $ 280 million price of the acquisition step Lok brand, the new company will also include New Balance Drydock business. The transaction will be completed later this year. In fact, as early as last May, there is news that Adidas is seeking to sell the brand Rockport, Rockport news that the price of at least $ 300 million. Fuse The Adidas sale Rockport poor performance stems from the first quarter of last year. Net income in 2014, according to a quarterly filing Adidas, shareholders of 204 million euros, compared with 308 million euros the previous year declined by 34%, while sales fell Rockport 12.1 percent to 53 million euros. Reporter co jordan 3 katrina 2018 mparison, the music stage for the $ 280 million sale price, and had claimed at least $ 300 million of the price of a certain gap. Many people in the industry told reporters that, in fact nearly two years of Adidas performance is not good, although Adidas Performance report released recently shows that the company's 2014 sales growth of 11%, the Reebok brand sales increase was 5%, but its biggest rival Nike compared to its earnings growth rate is still not a small gap. According to Nike's recent financial results in fiscal 2010, Nike's revenue was $ 18.324 billion, in fiscal year 2014 (year ending May), revenue rose nearly 50 percent to $ 27.799 billion, while sales of Adidas From fiscal year 2010 to fiscal year 2014 grew by only about 23%. "The Adidas brand-focused approach, focusing not only products, and more on the layout of marketing, in order to catch up with Nike's biggest competitor in the marketplace." Many people told reporters bluntly, now, no matter is a sports buy cheap jordans online brand or fashion sports brand, by the layout of the industrial and win approach is outdated, from the successful experience in recent years, Nike, improving product in the core areas of competitive advantage, in order to compete for more market share in key markets. 5-year plan tight "The Adidas reason to spare hurry to sell less than a decade after the acquisition of the characteristics of the brand Le steps, in fact, with five-year development plan Adidas previous layout has a direct relationship, however, buy out music even further brand After its five-year plan to develop the company had also not a small challenge. "A step closer to the music industry, told reporters brand bluntly. According to the reporter, as early as four years ago, in a period of rapid growth of Adidas developed a five-year development plan in 2010, based on 2015 sales (excluding currency effects) increased by 45% -50 % per year with a high single-digit rate of growth. If you press the previous Retro jordans for sale ly planned, in 2010 global sales of 11.99 billion euros, based on Adidas in 2015 revenue is expected to reach 17 billion -180 billion euros. But that is not the case, according to Adidas relevant results, in 2013, Adidas to achieve sales of 14.492 billion euros only, much lower than the previous estimate of more than 10% annual growth rate, which means that 2015 revenues reached 17 billion euros is no longer possible. In this regard, a number of interviewed people in the industry to reporters analysts say, to sell music steps to remedy the situation actually is not too late, by the large environmental impact and had dragged down the performance of the music step, after the scheduled five-year target has become a bubble, Coupled with Western Europe and Russia, the main battlefield of successive defeat, will undoubtedly become the main reason for Adidas eventually crashed. This reporter has learned that the last two years of high-end sales overall market sentiment and slow th jordans on sale mens e impact deserted old inventory liquidation, Adidas's TaylorMade golf brand exerted pressure on profit performance did not meet expectations. From the 2014 second quarter, after excluding currency factors, the Adidas brand sales increased by 14 percent, an increase of 9% Reebok, TaylorMade golf was however down 18%. In addition, the market share of its main markets of Europe and Germany is facing a Nike continue to erode. Fortunately, the strong Chinese market, perhaps to weak growth adidas some comfort. relevant results, in 2010, Adidas Greater China sales of about 1 billion euros, to 2013, sales reached 1.655 billion euros, compared with 2010, an increase of approximately 66% in Greater China, we have been ahead achieve the 2015 target of 50% growth in the adidas Group developed. However, the rapid growth of the Chinese market alone can alleviate global Adidas pressure? Peeling step after the music, which Adidas will move the market is still cause for concern. 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