25.09.2015 - Nike sales in China increased by 30%
Nike has reported an increase in sales by 5% on background of increasing average prices, as well as the improvement of the situation in China. Excluding the impact of currency fluctuations orders rose by 17% against the same period last year and against growth of 13% in the previous quarter. Also worth noting that sales were up 14% in Western Europe, 26% in Central Europe and 30% in China. Given the steady growth in sales, we expect continued growth of quotations by 40-45% per annum in the medium term.