ÿþBut Reebok's performance fell by as much as twenty-five adidas stan smith percent. North American market, therefore, showed an overall decrease. Compared with Nike and Puma, Adidas's performance developed best. Although Nike group appeared a strong growth, the entirety and products' turnover decreased.Puma group had a very strong dependence on Europe. So it has been completely affected by the debt crisis. Within the twenty years, the management of Puma group made the largest adjustment for the sake of dealing with the decrease on profit and the gloomy prospect. Adidas company's profit this year is going to range between 770 million euros and 785 million euros, and it will set a record. The corresponding increase may range from fifteen percent to seventeen percent.
In the former nine months, the profit of Adidas group has reached to 798 million euros. To some extent; there maybe losses to Adidas group in the fourth quarter. What is more, the expectation showed that Adidas group's turnover increase will be lower than ten percent during the whole year of 2012. The performance of Adidas has continued to be higher than its competitors. mens adidas trainers In the third quarter of 2012, its turnover and profit increased dramatically. But due to the existing problem of Rebook Company, which was its subsidiary company in the United States, its ranking was just lower than the second biggest sports brand of Nike. This year; the revenue expected value was regulated down by Adidas Company.
According to the previous expectation of adidas gazelle an analyst who has received the interview of Reuters, Adidas group's third quarter average turnover will be 4.15 billion euros, and the net profit will be 335 million euros. The exclusive shop retail was the main factor that promoted the rising performance of Adidas group in the third quarter. There was almost no growth to the wholesale business. There was a respective ten percent increase on the turnover of Adidas in eastern Europe, China and Latin America after the exchange rate's adjustment, and the increase was the largest. However, there was as mush as twenty-five percent decline to Reebok's performance. North American market, therefore, showed an overall decrease.
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