22-03-2013, 08:55 AM
I am more interested to share the market trend of apparel market, especially in China.
Taking note on the 4% rising of future order in China. Does it a sign of recovery for apparel market in China? After the suffering of over-inventory which "almost killed" most if not all apparel S-Chips here
Nike profit tops Wall Street estimates
CHICAGO — Nike’s quarterly profit beat Wall Street’s expectations as margins increased and worldwide future demand for its apparel and shoes rose, sending its shares up 8 per cent.
Global orders for Nike-branded shoes and clothing scheduled for delivery from March through July this year, known as futures orders, rose 6 per cent compared with orders for the same period last year. In North America, the company’s biggest market, orders increased 11 per cent.
The company also saw a turnaround in future demand in Greater China with orders rising 4 per cent, after falling in the previous two quarters.
http://www.todayonline.com/business/nike...-estimates
Taking note on the 4% rising of future order in China. Does it a sign of recovery for apparel market in China? After the suffering of over-inventory which "almost killed" most if not all apparel S-Chips here
Nike profit tops Wall Street estimates
CHICAGO — Nike’s quarterly profit beat Wall Street’s expectations as margins increased and worldwide future demand for its apparel and shoes rose, sending its shares up 8 per cent.
Global orders for Nike-branded shoes and clothing scheduled for delivery from March through July this year, known as futures orders, rose 6 per cent compared with orders for the same period last year. In North America, the company’s biggest market, orders increased 11 per cent.
The company also saw a turnaround in future demand in Greater China with orders rising 4 per cent, after falling in the previous two quarters.
http://www.todayonline.com/business/nike...-estimates