High quality cheap Nike shoes outlet free shipping

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The merger of the two cheap nike shoes companies, the industry is still generally good. HSBC research report that, PPR and PUMA’s Beauty and the Beast-type joint is a win-win combination, they give PUMA target price 360 euros. PAL.OPPENPHEIM research report issued strong buy signal, they will reach that target price of 365 euros. PUMA Company Background: From an initial production of sports shoes in Germany only a small shoe factory, and today the world’s leading companies, PUMA gone through a difficult path of development.

In recent years, PUMA’s performance flourishing, rich product range than before a lot. From the early 1990s out of the shadows behind the brand http://nikesshoesoutlet.weebly.com ,  PUMA has taken many effective streamlining and cost-saving measures, making profitable again in 1993. From 1993 to 2001, PUMA turnover increased nearly twice; 2002 grew by 50% to reach € 900 million; profit after tax grew by 84 percent to 073 million euros. In the stock market, in 2001 PUMA’s stock price rose by 168%, becoming the most successful German stock; 2002 increased by 97% again, sit tight in the German stock 100 runner-up seats. As a top international sporting goods manufacturers, public financing is not their main purpose. Share price performance is good or bad company barometer. But look at the early development of the sports industry abroad, the required funds or rely on venture capital and securities market. When the sports industry to a very high stage of maturity, will be completely out of venture capital and securities markets, mainly rely on the company’s own accumulation.

Relative to other countries, China’s sports industry is still in its early stages of development, in addition to part through cheap nike shoes market-oriented mode of raising funds, capital investment in the country still have a greater dependence sports industry did not achieve self-development and the financing of a virtuous cycle. Sports industry and general manufacturing industries are different, their strength is mainly reflected in the brand and sales channels intangible aspects of this part. According to this feature, if you want to achieve the successful listing of brands and sales channels that must be addressed valuation issues, foreign capital markets more relaxed restrictions on intangible assets, a large number of companies listed on the NASDAQ has a high proportion of intangible assets, such as patents, patent technology. While China’s current board and GEM (to be introduced) Intangible assets up to 20% and 35%, thus limiting the sports industry for direct access to capital markets financing. But in the long run, if the domestic securities market to further improve and develop, it should be appropriate to relax the assessment of intangible assets category and limit the proportion of net assets, which will bring the sports industry a huge boost Listing