Nike Ups Forecast Significantly for Growth, Stock Soars
Coming off their record Q4 with strong futures growth, the Eager Beavertons upped their five-year forecast for the Nike brand to $24-25 billion from a prior forecast of $23 billion, citing strong momentum across all categories and geographies. That would put Nike Inc. including Other Brands, at $28-30 billion by FY15. The stock jumped $8.60, or 10%, in heavy trading, on the news. Interestingly, the E.B.s’ sales target of more than $4.0 billion for the Other Brands unit now totals $3.9 billion excluding any contribution from Nike Golf, a $600 million business. With Tiger Woods’ luster somewhat dimmed, that certainly ...
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Back to basics. Now popular with skaters, basketball players, and the fashionable alike, the first ever production of the Nike Dunk shoe was in 1985. Before the Nike Air Jordan I, the Nike Dunk, which later influenced the Jordan I, was the team basketball shoe of choice. It was available in high and low versions in a variety of team colorways to match an uniform, and it came with a matching box and two sets of different color laces. The original Dunk is a highly sought-after collectors item and due to consumer demand, the Nike Dunk line was reissued in 1998 and numerous colorways have been made available on a regular basis since then. Nike released the skate Dunk in 1999 featuring a padded tongue and ankle collar. In 2002, they collaborated withe the Supreme Skate brand to produce the Supreme Dunks, and in 2004, Nike released the new, never-before-seen Nike Dunk Mid. Other special and limited editions include holiday models for Valentine’s Day and Christmas, Laser Dunks that feature laser-engraved artwork, Harris Tweed Dunks with famous British tweed fabric, and The Inside Out Dunks. NbaNike Dunk High Pro SB Women Send Help Edition black white blue reef The Nike Dunk High Pro SB Send Help women’s – Consolidated (black / white / blue reef) feature a black / white / blue reef colorway, and are highly adored by Nike Dunk SB fanatics. They are sometimes referred to as theNike Dunk High Pro SB – Todd, as they were designed by Consolidated Skateboards art director Todd Bratrud. The inner sole features artwork of a skeleton and is brilliantly designed. They are definitely limited and hard to come by in deadstock condition.
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