Nike Inc.

I am more interested to share the market trend of apparel market, especially in China.

Taking note on the 4% rising of future order in China. Does it a sign of recovery for apparel market in China? After the suffering of over-inventory which "almost killed" most if not all apparel S-Chips here

Nike profit tops Wall Street estimates

CHICAGO — Nike’s quarterly profit beat Wall Street’s expectations as margins increased and worldwide future demand for its apparel and shoes rose, sending its shares up 8 per cent.

Global orders for Nike-branded shoes and clothing scheduled for delivery from March through July this year, known as futures orders, rose 6 per cent compared with orders for the same period last year. In North America, the company’s biggest market, orders increased 11 per cent.

The company also saw a turnaround in future demand in Greater China with orders rising 4 per cent, after falling in the previous two quarters.

http://www.todayonline.com/business/nike...-estimates

(22-03-2013, 08:55 AM)CityFarmer Wrote: I am more interested to share the market trend of apparel market, especially in China.

Taking note on the 4% rising of future order in China. Does it a sign of recovery for apparel market in China? After the suffering of over-inventory which "almost killed" most if not all apparel S-Chips here

I don't know of any apparel S-chips. Maybe I missed out some. Textiles, yes there are plenty of those.

In any case, since many of the S-chips are frauds, the market situation is a moot point.

Anyone wanting exposure to the Chinese market should look in Hong Kong or the Chinese A-share market if they have access. Singapore is generally not a good place to look, and it's gotten worse over the years with the departure of Hsu Fu Chi (which really was the See's Candies of China) and Want Want.

Today we are left with the debris of Ferrochina, Beauty China, China Milk, China Fibretech, Sino Environment, Sino Techfibre etc. Seems like no matter where you put the "China" in the name (even when you hide it as Sino), it's tough to do well.

With regards to the apparel market in China, pretty much anyone who has some scale in China is suffering. Forward orders are down 20% on average based on the company commentaries I have read. So the pain will take at least another year, maybe more. Of course, everyone says next year will be better. But they said that last year... and the year before... and the year before that...

(22-03-2013, 09:59 AM)d.o.g. Wrote:

(22-03-2013, 08:55 AM)CityFarmer Wrote: I am more interested to share the market trend of apparel market, especially in China.

Taking note on the 4% rising of future order in China. Does it a sign of recovery for apparel market in China? After the suffering of over-inventory which "almost killed" most if not all apparel S-Chips here

I don't know of any apparel S-chips. Maybe I missed out some. Textiles, yes there are plenty of those.

In any case, since many of the S-chips are frauds, the market situation is a moot point.

Anyone wanting exposure to the Chinese market should look in Hong Kong or the Chinese A-share market if they have access. Singapore is generally not a good place to look, and it's gotten worse over the years with the departure of Hsu Fu Chi (which really was the See's Candies of China) and Want Want.

Today we are left with the debris of Ferrochina, Beauty China, China Milk, China Fibretech, Sino Environment, Sino Techfibre etc. Seems like no matter where you put the "China" in the name (even when you hide it as Sino), it's tough to do well.

With regards to the apparel market in China, pretty much anyone who has some scale in China is suffering. Forward orders are down 20% on average based on the company commentaries I have read. So the pain will take at least another year, maybe more. Of course, everyone says next year will be better. But they said that last year... and the year before... and the year before that...

Yes, it should be apparel related S-Chips, rather than "apparel S-Chips"

IMO, China is a big country, with more than 1.3 billion population. Apparel is part of everyday living, similar for China people. The market will be back after the inventory is depleted, the question is when.

To be specific, i am monitoring on company like China Gaoxian after its restructuring, maybe a fruitless effort monetary wise, if so, will take it as educational trip

(22-03-2013, 10:30 AM)CityFarmer Wrote: To be specific, i am monitoring on company like China Gaoxian after its restructuring, maybe a fruitless effort monetary wise, if so, will take it as educational trip

As I mentioned, many S-chips are frauds. I personally can't even name 10 that I can confidently say are real, let alone any that are promising investments. Given that there are about 170 S-chips, I think these are remarkably poor odds. I would rather fish in more promising waters.

As usual, YMMV.

I have always loved Nike, and just to share with all, above and beyond its marketing prowess, look at its long term liabilities.
Its practically miniscule to its assets sizing.

Does help alot in its earning power after all.

what did hkex do to ensure its h-chips are much better quality, safer than our smelly s-chips? hmm..come to think..agree..so far my h-chips purchased all doing fine and paying consistent dividends..

Nike's sale figures are good proxies of consumer sentiment.

Global 8%, while 12% in NA and flat for China... Hmm...

Nike posts rise in Q4 profit, jump in North American orders

NEW YORK — Nike yesterday posted a higher quarterly profit and said advance orders had jumped, particularly in North America.

Orders for shoes and clothing scheduled for delivery between June and November this year, a gauge of demand Nike calls “futures orders”, rose 8 per cent globally.

Those orders were up 12 per cent in North America, by far Nike’s biggest market, assuaging concerns on Wall Street that it could not keep up the pace of growth of recent quarters.

But in China, data were flat — a disappointment after rising last quarter, when investors thought Nike’s business was improving there at last. China accounts for about 11 per cent of the Nike brand’s sales but 22 per cent of its profit.

http://www.todayonline.com/business/nike...can-orders

Taking Nike as an indicator, European consumer spending is trending up?

European demand, higher margins drive Nike's profit beat

Nike Inc , the world's largest sportswear maker, reported a better-than-expected quarterly profit as it gains market share in Europe and focuses on higher-margin products such as Flyknit soccer boots.

The company's shares rose 6.5 percent in extended trading,

Nike said orders for its branded shoes and clothing scheduled for delivery between September and January rose 14 percent in the first quarter, excluding the impact of currency fluctuations.

The company has been giving tough competition to Germany's Adidas AG , which in July cut its revenue and profit targets for this year.

"When you look around the world, there really isn't much competition. Adidas is struggling, Reebok is struggling," Edward Jones analyst Brian Yarbrough told Reuters.

Nike maintained its share of the Western Europe sportswear market at about 12 percent in 2013, while Adidas's share shrank to 12.6 percent in the year from 13.2 percent in 2012, according to Euromonitor International data.
...
http://www.todayonline.com/business/euro...rofit-beat

Overall is 4.1%, North America is 9.4%, and Greater China 24%, with a promising future order...


Nike sales rise 4.1 percent as demand jumps in North America

Nike Inc , the world's largest footwear maker, reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.

The company's shares, already the top performing year-to-date Dow component, rose 3 percent to $135.80 in extended trading on Tuesday.

The Nike brand's orders for delivery December through April, a gauge of demand the company calls "futures orders", rose 20 percent, excluding currency, as of Nov. 30.

Analysts on average had expected futures orders growth of 13.6 percent, according to Consensus Metrix.

Futures orders in Greater China - a fast-growing market - jumped 34 percent.

New footwear launches in the basketball, running and sports categories are helping Nike draw customers toward higher-priced products, while the "athleisure" trend is driving sales in the athletic apparel sector.

Revenue from North America, Nike's largest market, rose 9.4 percent in the quarter ended Nov. 30. Footwear sales in the region rose 12.3 percent to $2.16 billion.

Sales in Greater China rose 24 percent, helped by overhauled stores and greater online traffic.

Nike said net income jumped 20 percent to $785 million, or 90 cents per share.

Revenue rose to $7.69 billion from $7.38 billion.

Analysts on average had expected earnings of 86 cents per share and revenue of $7.81 billion, according to Thomson Reuters I/B/E/S. REUTERS
http://www.todayonline.com/business/nike...41-percent

There is good reason, why Nike is ahead of Adidas... It sound very interesting to wear...

Nike unwraps new self-tying shoe
17 Mar 2016 07:07
[NEW YORK] US sporting goods giant Nike unveiled on Wednesday its first shoe that ties itself, the HyperAdapt 1.0, which will go on sale at the end of 2016.

Sensors at the heel level activate the lacing when a foot slips into the shoe. Two buttons on the side of the shoe can be pressed to loosen or tighten the lacing
...
AFP

Source: Business Times Breaking News