The firm said its net income for the quarter ended 29 February rose 7% to $560m (£354m) from the same period last year."The environment remains volatile, but I'm optimistic about the future," said Nike president Mark Parker.It added that its inventories were similar to what they were before the financial crisis.
Nike stated which globally long term purchases because of its shoes as well as clothing, planned with regard to shipping through 03 in order to This summer 2012, found $9. 4bn -- upward 15% in the exact cheap nike shoes same time period this past year. Complete income flower 15% in order to $5. 8bn. Income within Traditional western European countries, that has already been struggling with slow development along with a financial debt turmoil, flower through 4% in order to $962m.
This summer will feature sport prominently, with the European football championships in Poland and Ukraine and the 2012 Olympics in London.In North America, revenues surged by 17% to $2.15bn. And in China, Nike's revenues gained by 25% to $694m. In January, Nike agreed compensation in a dispute with workers in Indonesia over unpaid overtime. Its Indonesian subsidiary will pay $1m (£650,000) to about 4,500 workers.
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