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Nike Profit Upon Higher Demand for Apparel, Shoes

2015-03-19 23:40:09| Footwear - Topix.net

Nike Inc , the world's largest sportswear maker, reported a 16 percent jump in quarterly profit due to higher demand for its apparel and basketball and running shoes. Nike said on Thursday its net income rose to $791 million, or 89 cents per share, in the third quarter ended Feb. 28, from $682 million, or 75 cents per share, a year earlier.

Tags: higher apparel demand shoes

 

This New Nike Collaboration Turns Athleisure Wear Into Pure Art

2015-03-19 19:35:35| Footwear - Topix.net

Nike may have started out as a mere running brand 51 years ago, but thanks to collaborations with such high-fashion designers as Riccardo Tisci , Johanna Schneider , and Errolson Hugh , it seems the athletic brand has its sights on a more fashion-forward vision. And the NikeLab x sacai spring 2015 collaboration is further proof of this.

Tags: art pure wear collaboration

 
 

Nike Air Jordan 4 Retro 'Laser' Release Date, Pics and Retail Price

2015-03-19 17:35:42| Footwear - Topix.net

Nike has been releasing hit after hit as of late, and another big-time shoe is set to drop Saturday in the form of the Air Jordan 4 Retro Laser. The highly anticipated sneakers have generated plenty of interest in the weeks leading up to hitting the shelves, so here is a breakdown of when you can get your hands on the new kicks as well as how much they will set you back, courtesy of Nike.com : Nike has thrilled shoe enthusiasts with updated releases of Air Jordan classics to celebrate the brand's 30th anniversary, and the Laser may very well be the best of the bunch.

Tags: date price air release

 

What to Expect When Nike (NKE) Posts Earnings Thursday Afternoon

2015-03-19 16:35:49| Footwear - Topix.net

For the quarter, analysts are expecting Nike to report earnings of 84 cents per share, higher than the 76 cents it posted a year ago. Revenue is expected by analysts to come in at $7.62 billion for the period, also up from the $6.97 billion Nike reported in the same quarter of last year.

Tags: posts thursday expect afternoon

 

Nike Preps for Air Max Day with A Surreal Look at Tinker Hatfield's Desk

2015-03-18 19:58:03| Footwear - Topix.net

In 1985, Nike 's then-developer Mark Parker and designer Tinker Hatfield were faced with the challenge of continuing to lead through innovation. Their solution - a disruptive sneaker design with visible Nike Air cushioning - was deemed a little too visionary.

Tags: day air max desk

 

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