Champ Kind Posted September 28, 2016 Share Posted September 28, 2016 (Reuters) - Nike Inc , the world's No. 1 footwear maker, will continue to dominate the sportswear market despite intensifying competition in North America, analysts said on Wednesday, a day after the company reported "futures orders" below estimates. Nike's futures ordering program allows retailers to order five or six months in advance of delivery, with the commitment delivery will be made within a set time at a fixed price. Nike said on Tuesday its global orders for September through January were up 7 percent on a constant-currency basis, missing the 8 percent increase analysts had expected. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.