The Swoosh was recently hit with some unfortunate news that three of their top designers have abandoned ship and have boarded team adidas. Despite the loss they are still on top of the earnings game with their sales from brands Nike, Jordan, Converse and Hurley. NIKE, Inc. recently reported their first quarter fiscal earnings for 2015. Some of their highlights include revenues up 15% to $8 billion and worldwide future orders up 11% and inventories as of August 31, 2014 up 14%.
“Fiscal year 2015 is off to a strong start. Our connection to consumers and ability to innovate, combined with our powerful global portfolio, is a complete offense,” said Mark Parker, President and CEO of NIKE, Inc. “Nike has never been better positioned to realize our tremendous growth potential.”
Nike is definitely on top of the game so they have no reason to have their heads down, they can just wipe away their tears with their billions of dollars.
via: Nike
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