Nike is Running Away

Posted by Bill Belew on March 22nd, 2006 in All about China, Business in China, China, Japan, Russia | No Comments

Nike is running away….they made $326 million last quarter, up 19% from the previous quarter.

But they didn’t make it all here in the US. Sales were down here as were future orders.

They didn’t make it in Japan or Western Europe either, the largest markets for Nike after the United States.

Their new CEO Mark Parker, said they balanced company growth in emerging markets….Russia, China and Brazil.

It won’t be long before China runs right past the US in business while wearing their Nike bubble air, inflatable tongue, self tying, spring loaded red sneakers with yellow stars on it.

What do you think?

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  1. anthony says

    10/02/2007

    I anthony would like to be a shoe tester for nike