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Nike Given New $72.00 Price Target at Canaccord Genuity

2013-10-10 16:55:03| Footwear - Topix.net

The firm currently has a "hold" rating on the stock. Canaccord Genuity's target price suggests a potential upside of 1.57% from the company's current price.

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US: Nike targets US$36bn revenues by 2017

2013-10-10 16:37:22| Daily apparel & textile news and comment - from just-style.com

Sporting goods colossus Nike has set a new revenue target of US$36bn by the end of fiscal 2017, and expects to break $30bn by fiscal 2015, it said at an investor meeting.

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EUROPE: FESI names Nike executive Alves president

2013-10-10 13:21:00| Daily apparel & textile news and comment - from just-style.com

The Federation of the European Sporting Goods Industry (FESI), which represents athletic footwear and active apparel brands such as Adidas, Puma and Lotto, has appointed Bruno Alves as its new president.

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Nike chief executive Mark Parker forecasts $36 billion by 2017

2013-10-09 23:06:49| Footwear - Topix.net

Nike chief executive Mark Parker was the opening speaker at the Investor Day on the company's campus near Beaverton.

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Nike targets $36 billion in sales by FY 2017

2013-10-09 19:07:01| Footwear - Topix.net

Chief Executive Mark Parker, at the company's first analyst meeting in over two years, said he sees the sneaker giant growing to $36 billion in sales by fiscal year 2017.

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