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#1 27-09-2017 08:49:56

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Date d'inscription: 27-09-2017
Messages: 5

Nike's shares appear set to rise after hitting bottom

nike air max paint drip will benefit from beneficial forex trends and a steadily growing middle class in China (and other countries) in the coming years. Those trends should allow the company to hit  its $50 billion sales goal in 2020. In the near term competitive pressures could lead to a lower sales growth rate, but Nike is still poised to beat the analyst consensus again when it reports its Q2 results on Tuesday evening. A while  ago Nike announced that it was aiming for company wide sales of $50 billion in the year 2020, which has been a quite ambitious target: Over the last year the company grossed sales of $34 billion, which means that revenues would have to  increase by roughly 14% annually over the next three years for the prediction to come true. Let's look at factors that will play a role for Nike's revenue growth going forward: The first one is the impact of currency exchange rates, which  has hindered Nike's revenue growth in the last couple of quarters.

Nike is battling pressures on many fronts nike air max 90 candy drip in North America a reinvigorated Adidas has taken market share, while athleisure, a decade-long trend that saw shoppers wear  sports apparel for formal and informal occasions, has been fading. Certain retailers may respond to the weak demand in North America through door closures and potential discontinuities, which could lead to contraction of revenue in the  market in the current quarter, Nike said on a post-earnings call. Finish Line, earlier this year, had also pointed out a lack of innovation in shoe styles in the market from footwear makers to have dampened demand. Nike’s gross margins  fell 1. 8 percent to 43. 7 percent, while inventory was up 6 percent in the first quarter ended Aug. 31, driven by higher off-price sales. Revenue from North America, the company’s largest revenue contributor, fell 3 percent - its first  decline in more than 10 quarters.

In 1984, two years after its launch, Nike wasn’t planning to continue nike air max 90 halloween for sale production of the shoe, but thanks to Baltimore's enthusiastic wearers, the AF-1 continued  to be made. Celebrating the spirit of the city, the Nike Special Field Air Force 1 Mid "For Baltimore" pays homage with B’More detailing, a custom-embroidered strap, an ’84 hangtag and comic-inspired insoles. The shoes come in a box  illustrated by artist Ed Piskor, who also created a comic book telling the story of the key players who helped keep the Air Force 1 in production. Nike has partnered with local retailer Downtown Locker Room and Maryland community  organization, Jubilee Arts, on a Baltimore youth arts program that launches in October. A mural by artist Ed Piskor will be featured on the former site of the historic store, Cinderella Shoes, and commemorative plaques will appear at  Downtown Locker Room, alongside where Cinderella Shoes and Charley Rudo Sports formerly existed.

Though the companies acknowledged the players' right to take a knee as a form of protest, neither business addressed the issue which was being protested to begin with — that is, nationwide police brutality against blacks. This avoidance  of the substance of the protest is consistent with most of the conversations regarding the events of the past weekend, where emphasis was placed on the when/where/how rather than why. This isn't the first time that the sports giants have  issued statements regarding controversial events. In January, following the president's first travel ban, Nike issued a statement condemning "bigotry and any form of discrimination. " Again in June, both Nike and Under Armour criticized  Trump's decision to withdraw from the nike air max 90 halloween Paris Climate Agreement.

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