Nike revenues increase 15% to $5.8 billion

Nike, Inc. released their 2012 Third Quarter results today, highlighting a 15% increase in revenues – to $5.8 billion.

The Beaverton, Oregon sports apparel giant reports that earnings per share for the quarter rose 11% as a result of continued strong demand for the Nike brand.

“We had a strong third quarter. Our relentless focus on innovation delivered powerful new products and services for athletes and consumers, and continues to drive Continue reading

Is Nike too big for the little guy?

Nike officially takes over as the official jersey supplier for the NFL next season. This means all retail stores that carry NFL jerseys will now have to place their orders with Nike instead of Reebok. It can be a minor adjustment for the larger retail stores – most sports retail stores already do plenty of business with Nike (you kinda have to these days).

But for the smaller retail shops – the ones that pull in around $1,000,000 or less in sales per year – they might be out of luck. Nike is sending Continue reading