Reebok 2015 Annual Report Download - page 83

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GROUP MANAGEMENT REPORT – OUR GROUP
Global Operations
79
2
The Sports Licensed Division sourced approximately 24 million units of apparel and 11 million units of
headwear (2014: 20 million and 12 million, respectively). The majority of purchased apparel products were
sourced as unfinished goods from Latin America (79%) and Asia (21%) (2014: 71% and 29%, respectively),
and were subsequently finished in our own facilities in the USA. The vast majority of headwear sourced
was finished products manufactured in Asia (more than 99%).
CHINASHARE OF HARDWARE PRODUCTION DECLINES
In 2015, 76% of adidas and Reebok branded hardware products, such as balls and bags, was produced
in Asia (2014: 78%). European countries accounted for 20% (2014: 22%), while the Americas represented
3% of the total volume (2014: 0%). China remained our largest source country, accounting for 35% of the
sourced volume (2014: 38%), followed by Turkey and Pakistan with 19% and 15%, respectively (2014: 20%
and 13%, respectively). The total hardware sourcing volume was approximately 113 million units (2014: 99
million units), with the largest factory accounting for 11% of production.
TaylorMade sourced more than 99% of their hardware volumes from Asia (2014: 99%). The vast majority of
golf club components were manufactured by suppliers in Asia (China, Vietnam and Taiwan) and assembled
in Asia, the USA and Europe.
Reebok-CCM Hockey sourced 88% of their hardware volumes from Asia (2014: 87%). In addition,
Reebok-CCM Hockey sourced a portion of hardware products in the Americas.
see Diagram 07
see Diagram 08
05APPAREL PRODUCTION BY REGION 1
93%
3%
3%
1%
Asia
Europe
Americas
Africa
1 Figures include adidas, Reebok and adidas Golf.
31
93
3
06APPAREL PRODUCTION 1, 2IN MILLION UNITS
2015 364
2014 309
2013 292
2012 262
2011 267
1 Figures include adidas, Reebok, adidas Golf and Ashworth.
2 2011 – 2013 restated due to a reclassification of certain apparel accessories from
apparel to hardware.
07 HARDWARE PRODUCTION
BY REGION 1
76%
20%
3%
Asia
Europe
Americas
1 Figures include adidas, Reebok and adidas Golf.
08 HARDWARE PRODUCTION 1, 2
IN MILLION UNITS
2015 113
2014 99
2013 94
2012 93
2011 96
1 Figures include adidas, Reebok, adidas Golf and Ashworth.
2 2011 – 2013 restated due to a reclassification of certain apparel accessories from
apparel to hardware.
3
20
76