BikeBiz Bicycle and cycling retail news
Nikes businesses in the United States and Asia Pacific regions, combined with favorable European currency exchange rates, are resulting in very healthy revenue growth for the company, said Nike’s chairman and CEO, Philip H. Knight
Consumer demand for Nike products continues to grow as our innovative product and superior brand presence are generating renewed energy in the footwear and apparel industry. We remain optimistic that the momentum we are seeing in our business is setting the stage for continued profitable growth through the remainder of fiscal 2004.
The Nike and adidas-Salomon financial press releases can be seen here:
http://www.adidas-salomon.com/…/2004_03_10.asp
http://www.nike.com/…/pressrelease.jhtml?year=2004&month=03&letter=c
