Nike Corporation Announces Fiscal Year Results
29.12.2015 4810

Nike Corporation Announces Fiscal Year Results

Leading manufacturer of sportswear, shoes and sports accessories Nike Inc. sums up the year. According to the company, its net profit amounted to 785 million dollars in the II quarter of the 2015 financial year, which is 20% more compared to the II quarter of last year.  

Orders for future periods increased by 20% against the expected 14,1%. Under the current four-year program of stock repurchase for 8 billion dollars, during the second quarter, the company bought back 5,6 million shares for 652 million dollars, the amount of cash in Nike's accounts is 6,1 billion dollars. The main sources of brand development are funds received in the course of the bond issue in the II quarter, advances from counterparties in foreign currency, as well as increased net profit.

Leading manufacturer of sportswear, shoes and sports accessories Nike Inc. sums up the year. According to the company, its net profit amounted to 785 million dollars in the II quarter of 2015 ...
5
1
Rating

Latest News

Berluti - in debt

Italian luxury brand Berluti, which is celebrating its 130th anniversary this year, is burdened with huge debts. Bernard Arnault, the head of the brand's parent company LVMH, spoke about Berluti's dire situation during the presentation of the French…
06.02.2025 137

Euro Shoes Exhibition Held Press Breakfast in Moscow

On February 5, the international exhibition of footwear and accessories Euro Shoes Premiere Collection held a press breakfast, which was attended by its main exhibitors, footwear brands Rieker, Caprice, Peter Kaiser, Tamaris, Marco…
06.02.2025 568

Golden Goose Announces Sale of 12% Stake to Blue Pool Capital

Golden Goose announces sale of 12% stake to Hong Kong-based Blue Pool Capital The brand's new investor, Hong Kong-based Blue Pool Capital, was founded by Alibaba Group co-founder and chairman Joe…
06.02.2025 361

We look forward to seeing you at the AXA stand at the Euro Shoes exhibition

The Italian home footwear brand AXA - a regular participant of Euro Shoes will present its new collection at the main shoe exhibition in Moscow!
06.02.2025 402

Spain sees footwear exports rise in 2024

From January to November 2024, Spain exported more than 160,4 million pairs worth 3,2 billion euros. Compared to the same period in 2023, there is an increase of 9,7% in volume and 7% in value. The growth of Spanish exports…
04.02.2025 491
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning