Analytical Reports on Nike Inc. and CROCS Inc. -- European Debt Crisis Impacting Footwear
November 17 2011 - 8:05AM
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Footwear and Accessories companies such as Nike Inc. and CROCS
Inc. have been seeing good sales overall, but there is concern
about the potential effects of the European crisis. In terms of
sales, Asia has been particularly strong in the most recent
quarter. However, European sales have been waning and with the
bleak outlook for the region there are fears that sales could
remain soft in the coming quarters. www.SignalWatcher.com gives
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Also of concern to the industry are the high commodity and fuel
costs which have been affecting margins and in some cases forcing
companies to raise their prices.
At home the holiday season is coming up and the National Retail
Federation has forecasted a 2.8% retail sales increase. Although
this is not outstanding, especially as compared to last year's 5.2%
jump, it is ahead of the ten year average of 2.6%.
Companies in the industry have been creating innovative new
styles to attract consumers and those better known for summer
styles have been branching out into winter alternatives.
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