Nike Just Not Doing It in North America — Panjiva
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Supply Chain Research

Nike Just Not Doing It in North America

Cons. Discr. - Apparel 499 Earnings 729 U.S. 5323

Nike’s first quarter results included future orders for North America that increased 1% instead of the 5% expected by analysts surveyed by Bloomberg. Panjiva data shows U.S. imports by the sporting goods maker have fallen every month on a year earlier in 2016 so far, with a 35% drop in August. September is not looking much better – data through the 20th of the month suggests a further 25.5% slide vs. the same period last year.

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