New innovations, including the Air Max 270 and Nike React, have propelled growth.Most importantly, however, Nike’s digital sales grew 15% last quarter to $10.4 billion.”We saw acceleration in digital that, quite frankly, exceeded even our own expectations,” CFO Andrew Campion said on a call with analysts Thursday.Digital sales to consumers soared 34%. Direct to consumer sales are important to Nike because it can acquire customer data and can target ads and new products more effectively. They also carry higher margins because Nike doesn’t have to give a cut of the sale to retailers,Partnerships through Facebook and Tmall in China, as well as the Nike website and apps with personal trainers, lifted the digital business.And Nike made a deal last year with Amazon to begin selling products directly on the site.
I bought the Facebook (FB) June call as a speculative play. I’m betting this stock is ready to rise in a short time and if it does before the June expiration I could stand to make a bit of profit. Of course, it goes without saying, I lose my bet if I’m stopped out at 2.05..
The stakes ARE 300x than what the hourly employee has to worry about.This is why companies are willing to shell out lavish salaries for CEO Because the difference in a leader can make the difference of billions for a Fortune 500 company because of how many people are under them. The reason why CEO salary growth has grown so much is because the scope of their decisions has grown as companies go global and expand. Meanwhile, the scope of an hourly employee has not changed as the company has expanded.EDIT: Thanks for the gold, I honestly didn expect this to blow up so much, but I glad it was able to spark a lot of dialogue.o0Enygma0o 2 points submitted 25 days agoYour points about the relative impact of each level of employee/manager is well argued and correct.
Continue reading this postAccess to information: Does Canada need to be more open with data?TTC bus driver: Do you often see your local drivers texting?The Toronto Sun on Thursday published a picture sent by a reader of a TTC bus driver driving while texting on a mobile device. (Toronto Sun)The Toronto Transit Commission is coming under fire after the emergence of a picture. Continue reading this post.
But on a macro scale, the involvement of white chefs and restaurateurs with foreign cuisines can benefit all. TakeJosh Phillips, a white partner in Espita Mezcaleria, a Shaw establishment dedicated to the food and drink of Oaxaca. The “vast majority” of Espita’s roughly 65 member staff is Mexican, Phillips says.