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Adidas closed factories in China For adidas this behavior for Chinese foundries, Reporter previously reported to believe that, despite repeated denials evacuation Adidas factories in China regardless of salary and stock, however, industry analysts, Adidas withdrawing from the Chinese, in large part because China upward pressure on labor costs. At the same time, on behalf of the closure of the factory will inevitably involve Chinese workers working for the plant livelihoods, this reporter pointed out in the report, China's manufacturing industry to today, can no longer rely on cheap labor in exchange for staying competitive level, This is neither in line wit jordans on sale mens h China's development shows that does not meet even longer locate the manufacturing sector during the second five countries. Nike successive sell its brand Following its own factories in China shut down the only stop in Asia than sneakers foundry orders, termination of cooperation with a number of Asian clothing foundries, the world's largest athletic footwear and apparel maker Nike to "downsizing" in the end. According to "Guangzhou Daily" reported on the 14th, the company intends to Nike's shoes and bags brand Cole Haan to $ 500 million sold to private equity firm Apax. Currently, the two sides have entered the final stages of negotiation. More insider, Apax has invited Converse (Converse) former CEO Jack? Boyce took over the business after ColeHaan. Nike re-shot sale of brand Cole Haan, which is following the earlier selling Nike Umbro another big move. October 24, Nike announced it would sell its brand Umbro to Iconix Brand Group $ 225 million. Umbro formerly British veteran football goods manufacturer Nike in 2008 was 285 million pounds (US $ 565 million) acquisition, it aims to fill the gap between the football field and Adidas. For Nike recently frequently sell its brand, the industry understood to think that the old rivals Adidas confrontation, to get more advantages. People on the 14th ne cheap foamposites ws that Nike aspect of the disclosure, said the sale of its brands in order to cut costs, in order to better focus on the Nike, Jordan Brand, Converse and Hurley these core brands. Parker, Nike president and CEO, said: "stripped of any business is a difficult decision, but this operation will help us to be more focused on having a high growth potential business opportunity." (Chinese shoes Network - the most authoritative most Professional Footwear News)also comes from the Asics 2015 in January new product preview in a shoe shoe, Gel Saga white/pink "Asics". 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