Nike intends to significantly raise prices in 2012

Tenis nike "fans" pay attention, because of rising cost pressures undermine profitability in 2012, Nike intends to significantly raise prices. Damage due to rising production costs, lower than expected quarterly profit. So, Nike plans to significantly increase its 2012 athletic footwear and apparel prices in response to rising oil, cotton (0, -30275.00, -100.00%) and transportation costs.
Nike 6.0 shares held by Oak Brook's investment portfolio manager, said Giri, clear, and rising input costs are reduced Nike's profits. Nike's profit margins will remain under pressure the rest of 2011. In response to this, Nike executives said the company will increase and expand its efforts to raise commodity prices. Nike Chief Financial Officer Tony Blair confirmed on the conference call will be on a broader style of goods more substantial price increases. Blair said the crisis could determine the company's Japanese business in Japan is still too early impact of the Japanese market third-quarter sales ratio of 3.8%.
The first price cut to get shoes and clothing. Nike's U.S. headquarters spokesman told reporters this morning that, tenis nike shox This increase started in spring 2012, the first footwear and apparel products will be a wide range of price increases, and this price increase may be carried out on a global scale.
Mary said, Nike will be in the next few quarters for the price the product style, price and market price for the product involved in the assessment. Product price increases in these areas to determine whether the company's short-term financial situation, long-term growth and market competitiveness impact. Mary said, tenis da nike market still remains positive, the expected double-digit growth for the future. In the third quarter, Nike sports shoes, running shoes, men's training and extreme sports products such as double-digit sales growth, earnings rose 18 percent, while profit was up 21%.
Sourcehttp://www.tenisnikeoutlet.com/nike-intends-to-significantly-raise-prices-in-2012.html   post the article on 22 May.2011  
Par wendy4029 le jeudi 23 juin 2011

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