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Metropolis Reality Forums « But its latest second-quarter earnings are eye-pop »

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   But its latest second-quarter earnings are eye-pop
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But its latest second-quarter earnings are eye-pop
« on: Oct 9th, 2015, 1:00am »
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In the past three months, we had been trying to expand the number of stores brand shoes Belle first stopped. September 12, Belle International recently Nike Free 5.0 Dames released the second quarter of fiscal year 2014 data show that China's domestic retail operations, from June to August this year, its Nike Air Max 90 Heren footwear business same-store sales fell 2.8%, a net decrease in the number of retail outlets in China reached 56.
 
This is Belle's number of stores for the first time negative growth in the previous quarterly and annual reports last year, a net increase of the number of shops centuries respectively 425 and 1769. Belle Head of Investor Relations, told reporters that since the sale of the entire shoes and apparel industry downturn, Belle pursue a more cautious policy rate will be in the shop.
 
Belle is the first negative growth in the number of shops
 
Some years ago, Belle would claim to slow down the speed shop, but from a practical standpoint, it does have consciously control Jamie Collins Jersey the growth of the shop, but none seemed to shift and the amplitude.
 
Earnings data Nike Air Max Classic BW Homme show that in 2012 and 2013 fiscal year, the net increase in the number of stores Belle 2614 and 1769 respectively, which respectively grew by shoe shop 1820 and 1162. Even in just the past 2014 fiscal first quarter, Belle shoe shops also increased by 321.
 
But its latest second-quarter earnings are eye-popping. Reporter According earnings Statistics found that as of this year on August 31, Belle has a total of 19,546 retail outlets in China, where 13,491 of footwear stores, a decrease of 82, 6055 motion, clothing stores, an increase of 26. Even the industry also have lamented, Belle finally shut shop.
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