国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

New Balance, a leading US-based athletic shoe brand that has been suffering from severe counterfeiting in China for more than a decade, yesterday announced the re-establishment of its brand in the world's most populous country.

"We will re-launch our China strategy and hopefully by the 2008 Olympic Games we will be the second largest (athletic footwear) brand," said Jim Davis, chairman and chief executive officer of New Balance, currently the No 2 athletic shoe brand in the United States.

The top brand in China at that time will still be Nike.

The company revealed it will open 70 new retail outlets in Beijing and Shanghai by the end of next year.

The chairman would not predict New Balance's sales volume in China for the coming years but said: "By 2008, China can be the second or third largest market outside the United States."

"We think it's the right time to re-launch our brand here, our team is ready," Davis said.

New Balance initially entered China about 12 years ago by co-operating with a Guangdong-based domestic shoe manufacturer.

But "something unhappy happened" and the business in China halted, said Vanessa Wong, general manager of the company's local operations, who did not elaborate.

Industrial insiders said that counterfeiting in that part of the country stalled the business for the company.

Close

Today's Top News		Top Business News
+Official: Taiwan pushed to brink of danger ( 2003-11-12) +Major child kidnap gang crushed ( 2003-11-13) +Shanghai eyes 2nd Disney park for China ( 2003-11-13) +Construction dates set for Olympic venues ( 2003-11-13) +FDI falls for fifth straight month ( 2003-11-13)		+New Balance shoots for second in local market ( 2003-11-13) +Oil giants to tap ocean resources ( 2003-11-13) +Weak sentiment drives Shanghai to year low ( 2003-11-13) +FDI falls for fifth straight month ( 2003-11-13) +China's money supply grows fast ( 2003-11-12)