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Nautilus Inc. Message Board

  • khaledmrd khaledmrd Jun 27, 2007 3:09 AM Flag

    Nike Results boosted by International current & Future orders

    that what i am saying International is big and a new massive market for the Nautilus Group with favrouable currency conversion. it is about the international macroecinomices. and also 2nd half 2007.

    As i said, International, Retail, New line-ups, diversification, Apparel and Footwear could eventually with time payoff big time.
    ----------------------------------------------------

    http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&Date=20070627&ID=7089058

    from the Nike news link
    Analysts expressed surprise by Nike's announcement that future orders worldwide, which are scheduled to be delivered from June through November, grew 12 percent for the quarter.

    Overall, the company's overseas markets grew most quickly in Europe, where revenues increased 12 percent for the quarter, due in part to favorable currency exchanges.

    Nike saw revenue growth of 7 percent in Asia, largely because of growth in China, which the company says is poised to become its second-largest market in a few years.

    The company said it remains focused on diversifying its retail business in the future, such as its recent announcement to open House of Hoop specialty basketball stores with Foot Locker and its own independent sites in the future.

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    • Same like Nike but with smaller scale, nautilus doing the same, including offices and focus on Eyrope, China/Asia

      openning it's own stores and

      moving from the dirct slaes model to a diversefied sales channels model which i expect the retail will be the leading sales channel in the USA and Internationaly with the full launch mass marketing of Nautilus Apparel.

 
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