Nike expects big revenue growth in the next 5 years
22.10.2015 3161

Nike expects big revenue growth in the next 5 years

Nike Inc, the world's largest manufacturer of sportswear and footwear, expects revenue growth of 63% - up to $ 50 billion - by fiscal year 2020 through e-commerce, sales of women's goods and Jordan-branded products. The company's profit over the past five years has grown by 52,2%, or 10,5 billion dollars, reaching 30,6 billion dollars in the fiscal year ending in May of this year. The growth in sales is associated with the growth of middle-class buyers, the increasing enthusiasm of the population for sports, as well as an increase in women's interest in online sales of company products.

Recall that Air Jordan is a special brand of high-end basketball clothing and shoes created by Nike in honor of the legendary basketball player Michael Jordan. The brand name was made by the famous Air Jordan sneakers with the brand logo - Jumpman hanging from a man with a ball - Jumpman.

Nike Inc, the world's largest manufacturer of sportswear and footwear, expects revenue to grow 63% - to $ 50 billion - by fiscal 2020 from e-commerce, ...
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