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When we provide the latest Adidas products, we adidas tubular shadow have always been trying to make retail channels' inventory keep a healthy level".Despite the high uncertainty of global economic outlook, but thanks to the group's high exposure degree and retail businesses' future expansion in fast growing emerging markets, sales businesses' development will be beneficially effected. Adidas' enlargement in Chinese market will occupy a considerable potion of native brands' market.
We have been working hard to maintain the inventory in a lower level within the circle. The market could be purified, therefore we will launch out a lot of innovative products and brand activities adidas alphabounce and we'll continue to inspire all our consumers and cooperative partners".On the basis of the fixed exchange rate to compute, the Greater China area's sales income was increased 26%, up to 385 million adidas slides Euros. The core sportive performance series has played a prominent impellent role for the sales revenue's growth.
In the first quarter of 2012, the group's wholesale business was increased 10% owing to the double-digit growth of Adidas brand sales income. Being pushed forward by 9% increase of the comparable-store's sales income, its retail business has been grown 16% compared with the previous year's. Other business income was adidas iniki grown 32%, which was mainly benefited from the strong sales income growth brought by hockey products of Taylor May Adidas Golf and Reebok CCM.
In the first quarter of 2012, Adidas Group's gross profit ration was fell off 0.7% The whole sales income which is the integration of products business and regional business is a positive number and the sales revenue's share of retail business with higher profit rate is also grown, the increased invested cost still can't be completely offset.In the first quarter of 2012, the group's net income, based on shareholders, was increased from the year of 2011's 209 adidas basketball shoes million Euros to 289 million Euros, and 38% was increased compared with the last year.
On Thursday (November 8), Adidas group announced that from June to September this year, the group's surplus rose fourteen percent and reached to 344 million euros. There was an eleven percent increase on the turnover, which reached to 4.2 billion euros. And the previous market expectation was realized through this. According to the previous expectation of 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.