Nike On The Roll

Nike experienced revenue growths of 16%, solely because of its footwear brand, Converse. Nike's footwear segment collaborates to a major chunk if the brand's stock price, i.e approximately 40% YTD. Its footwear stands at a 57% of its total revenues. The company's major markets are Europe, China, and America, with 41% of its total revenues coming from North America. Nike's shares went up over 6.5%, right after the company announced its earnings of $0.9/share for the first quarter of FY14.. Read More: