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Nike and Li Ning [13.50 -4.53%] took the lead to raise the prices of most products, Li Ning is clear that the magnitude of the price increase to reach double digits. & nbsp; & nbsp; & nbsp; third-quarter earnings report, said Nike's latest release, the quarter revenue rose 5.2%, b cheap jordans for sale ut because of oil, cotton prices, rising labor costs and freight, the company's Gross margin underperforming. Nike executives said, to ease the rising cost pressures, only by price increases of. & nbsp; & nbsp; & nbsp; Li Ning said, due to the impact of wages and raw material costs are expected to rise 20 percent this year on average costs, product prices will have double-digit growth. Zhang Zhiyong, Chief Executive Cheap air jordan 12 for sale online free shipping Officer of the company said this year's wage costs accounted for 7.5% -8% of the Group's overall revenue, maintain the same level of last year, wage costs remain under control. But is currently subject to upward pressure on raw material prices, cotton prices have risen doubled, and the company can lock in raw material prices over the next eight months, he expects the cost will rise an average of 20%. & nbsp; & nbsp cheap jordan shoes for men ; & nbsp; In addition to cotton prices, the shoe-making enterprises have to cope with oil prices of major raw materials problem, rubber. National League securities who have made the prediction in an investment report, "This year, natural rubber prices will continue to rise." The international oil prices have been high. It has been released earnings or ordering data Anta, 361 & deg; other companies are invariably referred to "improve footwear sales prices", the average increase of about 10%. & nbsp; & nbsp; & nbsp; Adidas has yet to make a clear statement of price increases. But previously announced fourth quarter 2010 results, Adidas net profit only 7 million euros (about 63 million yuan), compared with the same period last year fell 64%. Adidas said this explanation, mainly due to substantial increase in raw material and other costs. & nbsp; & nbsp; & nbsp; the market price for the product acceptance, sports brand analyst Xu Yunfeng told reporters that the reason for rising costs for consumers too pale, if companies raise prices, you must corresponding to the increase in the value-added products. Otherwise the price will drain more consumers, especially for low-end local brands. "Foreign brands of consumer groups may not too sensitive to price, but a price of low-end brand consumer group might choose other products." & Nbsp; & nbsp; & nbsp; Li Ning side also said that because Consumer confidence is still insufficient, with leisure brand impact on the sporting goods industry segments, as well as the influence of the lack of major sporting events this year, caused by the expected industry growth rate this year will still be subject to a certain extent.