Nike Summer Results
In June-August, the largest manufacturer of sports goods Nike Inc. increased revenue by 10% - up to $ 6,669 billion against $ 6,081 billion a year earlier, the company said.
Excluding the adverse effects of exchange rate differences, revenue increased by 15%.
Nike's pre-tax profit fell by 8%, to $ 782 million due to increased sales and administrative expenses associated with promoting the company's products during the European Football Championship and Olympic Games.
Nike's gross margin grew by 8%, to $ 2,903 billion. The growth was lower than expected due to increased production costs, including material and wage costs.
Net profit of a sports goods manufacturer fell by 19% to $ 529 million. Nike's profit fell for the second quarter in a row. Prior to this, the company last recorded a fall in profits in September-November of 2009.
In June-August, the company's revenue attributable to the Nike brand increased by 10%, to $ 5,864 billion. Most of the revenue came from shoe sales - $ 3,69 billion. Clothing sales amounted to $ 1,761 billion.
Nike is the largest market in North America, in the first quarter of the 2013 financial year this region accounted for $ 2,706 billion against $ 2,2 billion a year earlier (an increase of 23%).
The company's revenue in Central and Eastern Europe, to which Nike ranks among Russia, increased by 2%, to $ 342 million, due to an increase in clothing sales (by 9%). Sales of shoes and other goods decreased by 1% and 3%, respectively.
Excluding currency fluctuations, Nike's revenue in Central and Eastern Europe increased by 16%. The company notes that in June-August it managed to achieve growth in almost all markets of this region, including double-digit sales growth in Russia and Turkey.
In Western Europe, Nike sales fell by 5%, to $ 1,167 billion. The company's revenue in China grew by 8%, to $ 572 million, in Japan - decreased by 6%, to $ 183 million.
Nike is the world's largest manufacturer of sporting goods. In the 2012 fiscal year, the company's revenue grew by 16%, to $ 24,1 billion, diluted earnings per share - by 8%, to $ 4,73, retailer.ru reports.
In June-August, the largest sports goods manufacturer Nike Inc. increased revenue by 10% - to $ 6,669 billion against $ 6,081 billion a year earlier, the company said. Without considering the negative ...
The PUMA Suede House pop-up space became a highlight of Paris Fashion Week.
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MARCO TOZZI presented his Fall-Winter 2025/26 collection in Moscow.
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Three fashionable colors for accessories and shoes for the fall-winter 2025/26 season
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Euro Shoes — March 4-7, 2026 at the WTC Congress Center
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Micam and Livetrend presented a selection of footwear trends for the spring-summer 2026 season
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The Battle for the Sports Shoe Market
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PETER KAISER - the best brand of 2025!
"CAPRICE Schuhproduktion GmbH has received a certificate for awarding PETER KAISER the title of "Top Brand 2025".
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How to set prices that will earn
Some businessmen still confuse the concept of margin with the concept of trade margins and set prices for their goods, guided solely by the example of competitors. No wonder they go broke! Analyst at the Academy of Retail Technologies Maxim Gorshkov gives several tips and formulas with which you can set not only ruinous, but also profitable prices.
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We form the salary of sellers: expert advice
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The whole truth about Bayer. Who is he and how to become one?
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Technology Selling Issues
There is nothing worse than meeting the buyer with the words “Hello, can I help you with something?”, Because the seller works in the store just to help. Criticizing this well-established pattern of communication with the buyer, Andrei Chirkarev, business coach for effective sales and the founder of the New Economy project, shares the technology of truly selling issues with readers of Shoes Report.
Fur, and not only: types of lining
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The best models of Czech shoes of the past
In Soviet times, for shoes from Czechoslovakia sold under the Cebo brand, customers stood in line for four hours and did not regret it, because Czech shoes were considered to be of high quality, comfortable and fashionable. Shoe designer Juraj Shushka shared a photo archive of his collection with Shoes Report magazine, which contains the most interesting Cebo models from the 1940's to the 1980's.
Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
How to fire a worker without tears, scandal and trial
Sooner or later, any manager is faced with the need to part with an employee. Properly and on time the dismissal procedure will save the company money, and the boss himself - nerves and time. But why sometimes, knowing that a break in relations is inevitable, we put off the decision for months?
