"The company is focusing their efforts to double the speed at which they deliver their products to the consumer on a direct basis (more through the online platforms) and double their innovation patterns. Air Max launches some new models in a few days time (to celebrate 30 years, retro designs) and Air VaporMax is the … Continue reading Max on innovation
"Whilst some of the anxieties around losing market share to rivals, like Under Armour and a resurgence of competitor Adidas have been real, I think that they are a little overdone. Nike is still comfortably a solid growth business, having recorded now the 28th straight quarterly increases." To market to market to buy a … Continue reading Nike swishes back
"Innovation remains a large part of the company. Any runner will tell you that their running shoes over a few decades (they would have to be in their late forties, early fifties) have changed drastically over time. In the old days you had to "run your shoes in". In the Pegasus range, Nike have sold … Continue reading Health is Wealth
"Combining comfortable clothes with an athletic element allow you to work out and then walk around afterwards without feeling exposed. Or just hanging around in athletic gear, even if you are doing nothing athletic during the day. All the big manufacturers of athletic apparel and footwear have as much of a bias towards fashion as … Continue reading Nike needs to do it … and more
"Andy Compion, the chap in charge of the Nike brand (the president) had this to say: 'I was just in China three weeks ago, and I can sum up my visit in one word, amazing. Our brand and business in China have never been stronger. And we continue to build momentum. That's not by … Continue reading Nike sprints in China
"The current 8 billion Dollar repurchase program will finish in fiscal year 2016, that is when the next one will start. This is a pretty aggressive buyback by historic standards, the release quotes CEO Mark Parker (not related to Spiderman) as saying the company has returned 23 billion Dollars to shareholders over 14 years. … Continue reading Nike Spikey!
"Nearly 65 percent of all sales come from North America and Europe, this is still very much an aspirational brand in many parts of the developing world. China for instance, Nike sales grew 30 percent in Dollar terms (yes, it sounds like China is finished), yet on a quarterly basis Nike does not even do … Continue reading Nike sparkles again
"On Saturday morning Tsipras announced that on the 5th of July a referendum will be held and the Greek people will decide on what to do. The result is mass confusion as to what the future looks like. The first problem is that the referendum may end up voting on proposals that are no longer … Continue reading Greecey Referendum