Equity Research on Nike Inc. and Coach Inc. - Apparel Footwear & Accessories Makers Look to China for Growth
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/19/11 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Textile - Apparel Footwear & Accessories industry and are offering free analytical research on (NYSE: NKE) and (NYSE: COH). Register with us today at to have free access to these research reports.
The rapidly growing Chinese market has become increasingly attractive to Apparel Footwear & Accessories makers. Stagnant job growth and weak consumer spending in North America is re-emphasizing the importance of emerging markets. Get your free reports on and at . There is no commitment to join.
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Nike Inc. reported annual sales of $2.1 billion last year in China and aims to generate $4 billion in sales from China by fiscal 2015. First quarter sales reached $528 million in China and Nike appears capable of reaching its lofty aims. The key for Nike will probably be converting the sports fan culture into one that actively plays sports as well. Nike plans to open more stores and sign more endorsement deals with Chinese stars to move closer to its $4 billion in annual sales goal. report is accessible for free by registering today at .
Similarly, luxury accessory and gift maker Coach Inc. is also looking to China to grow sales. The company reported strong earnings out of China in the 4th quarter of 2011 and aims to keep improving them. Coach plans to expand its global distribution model and invest more in China to capitalize on the growing middle-class and higher disposable incomes. report is accessible for free by registering today at .
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