[lbo-talk] Nike expects $1 billion China sales in year

uvj at vsnl.com uvj at vsnl.com
Thu Oct 18 10:21:30 PDT 2007


Reuters.com

Nike expects $1 billion China sales in year http://www.reuters.com/article/ousiv/idUSBJB00039420071018?sp=true

Thu Oct 18, 2007

By Kirby Chien

BEIJING (Reuters) - Nike Inc (NKE.N: Quote, Profile, Research) sales in China are growing at over 50 percent annually and will reach $1 billion within a year, making the mainland its second largest market globally, Chief Executive Mark Parker said on Thursday. http://www.reuters.com/article/ousiv/idUSBJB00039420071018?sp=true



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