When you look overseas you often find some unusual, if not outright strange, stories. China Dongxiang Group (OTC:CDGXY)
(3818.HK) may just take the cake, as this sportswear company apparently
isn't very interested in being in the sportswear business.
Although
China Dongxiang owns a relatively popular sportswear brand in China
(Kappa), management no longer seems committed to building the brand.
Instead, management likes to take the company's cash and invest in other
companies and investment funds, most having little or nothing to do
with sportswear. Apart from a small stake in Alibaba, management has
shown no particular skill with these investments and it seems unlikely
that they are going to pay out the surplus cash as a dividend or
reinvest it into the business.
Read the full article here:
China Dongxiang - A Sportswear Company That Doesn't Want To Make Sportswear
Showing posts with label Li Ning. Show all posts
Showing posts with label Li Ning. Show all posts
Wednesday, December 18, 2013
Friday, December 28, 2012
Investopedia: China's Sluggish, But Nike's Growing Well Everywhere Else
Nike (NYSE:NKE)
gave investors a rare chance to pick up shares at a more reasonable
price twice this year, but it looks like it's back to business as usual
for the world's biggest footwear company. Although business in China
remains sluggish, Nike's overall growth and margin profile continue to
look quite strong.
Please follow this link for more:
http://www.investopedia.com/
Please follow this link for more:
http://www.investopedia.com/
Monday, October 1, 2012
Investopedia: China Still A Pebble In Nike's Shoe
The investment community seems to have locked on to Nike's (NYSE:NKE)
"China problem," and this quarter's results aren't going to help. The
good news is that investors can still take advantage of this situation
to build a position in a stock that very rarely ever gets down to a fair
price, let alone cheap. The bad news, however, is that results could
slow in the interim and Wall Street is very much a "what have you done
for me lately?" sort of business.
To read more, please follow this link:
http://www.investopedia.com/
To read more, please follow this link:
http://www.investopedia.com/
Tuesday, September 27, 2011
Investopedia: Nike Asks, "What Slowdown?"
Few companies get as much credit for its brand value as Nike (NYSE:NKE), but brand value alone does not seem to explain why the company continues to do so well in an environment where consumers are looking left and right for bargains. The fact is, while Nike may not offer the cheapest options in its categories, the price gap is not as large as it used to be and the company has done a very good job of delivering value for money. (If you are interested in value investing, read The Value Investor's Handbook.)
A Good Start to the Fiscal Year
With 18% reported revenue growth and 11% constant currency growth, Nike is starting this fiscal year right. Nike logged 15% growth in North America, while Western Europe was flat on a constant currency basis and China was somewhat sluggish at 9% growth. Emerging markets continue to offer a lot of growth for Nike (up 24%), but are still a fairly small part of the total. On a product line basis, apparel was the laggard with 9% growth (hurt in part by difficult soccer comps), but footwear climbed 13%.
Read the full piece here:
http://stocks.investopedia.
A Good Start to the Fiscal Year
With 18% reported revenue growth and 11% constant currency growth, Nike is starting this fiscal year right. Nike logged 15% growth in North America, while Western Europe was flat on a constant currency basis and China was somewhat sluggish at 9% growth. Emerging markets continue to offer a lot of growth for Nike (up 24%), but are still a fairly small part of the total. On a product line basis, apparel was the laggard with 9% growth (hurt in part by difficult soccer comps), but footwear climbed 13%.
Read the full piece here:
http://stocks.investopedia.
Tuesday, June 28, 2011
Investopedia: Nike Still Winning
It seems a little strange that footwear and athletic apparel maker Nike (NYSE:NKE) never quite gets the same respect or admiration that Coca-Cola (NYSE:KO), Microsoft (Nasdaq:MSFT) or Wal-Mart (NYSE:WMT) get from investors and business historians. After all, Nike started at almost the same time as Wal-Mart and is every bit as global (if not more) in its reach and influence.
Perhaps even more to the point for investors, Nike continues to grow at a pace that most other giant consumer products companies struggle to match. With Nike arguably having room for improvement and expansion in multiple areas, there would be seem to be no immediate cause to think Nike cannot continue to grow for many years to come.
A Strong End to the Fiscal Year
Nike reported that sales rose 14% to close out its fiscal year. In topping even the high end of sales estimates, Nike saw footwear sales growth of 19%, apparel growth of near 8%, and equipment growth of 5%. While sales were notably strong in China and emerging markets (and these markets are collectively as important to Nike as Europe), North America was no slouch at 21% reported growth.
To read the full piece, please click below:
http://stocks.investopedia.
Perhaps even more to the point for investors, Nike continues to grow at a pace that most other giant consumer products companies struggle to match. With Nike arguably having room for improvement and expansion in multiple areas, there would be seem to be no immediate cause to think Nike cannot continue to grow for many years to come.
A Strong End to the Fiscal Year
Nike reported that sales rose 14% to close out its fiscal year. In topping even the high end of sales estimates, Nike saw footwear sales growth of 19%, apparel growth of near 8%, and equipment growth of 5%. While sales were notably strong in China and emerging markets (and these markets are collectively as important to Nike as Europe), North America was no slouch at 21% reported growth.
To read the full piece, please click below:
http://stocks.investopedia.
Friday, September 24, 2010
Nike's Winning Formula
Although Nike (NYSE:NKE) is well-known as a global athletic brand juggernaut, it may yet still not get all of the credit it deserves. How many suppliers can dominate its retailers like Nike? How many companies have been so successful in their home markets and then ported over that popularity to overseas markets with hardly a hiccup? At best, it is a short list and would probably be made up mostly of much-larger companies like Coca-Cola (NYSE:KO) and Apple (Nasdaq:AAPL).
Looking at Nike's first fiscal quarter results, it seems like this story just keeps rolling on.
The Quarter that Was
Last year was a tough one, but Nike seems to be bouncing back well. Revenue was up 8% this quarter, with footwear and apparel posting similar growth rates of about 7%. Global futures, though, were up 13%, and that suggests an ongoing consumer recovery. That futures growth was strong in China and in emerging markets was not surprising, but North America futures were also very strong. Perhaps not so surprisingly, Western Europe and Japan were both soft (Japan in particular).
Click below for the full column:
http://stocks.investopedia.com/stock-analysis/2010/Nikes-Winning-Formula-NKE-ADDYY-SKX-KSWS-FL0924.aspx
Looking at Nike's first fiscal quarter results, it seems like this story just keeps rolling on.
The Quarter that Was
Last year was a tough one, but Nike seems to be bouncing back well. Revenue was up 8% this quarter, with footwear and apparel posting similar growth rates of about 7%. Global futures, though, were up 13%, and that suggests an ongoing consumer recovery. That futures growth was strong in China and in emerging markets was not surprising, but North America futures were also very strong. Perhaps not so surprisingly, Western Europe and Japan were both soft (Japan in particular).
Click below for the full column:
http://stocks.investopedia.com/stock-analysis/2010/Nikes-Winning-Formula-NKE-ADDYY-SKX-KSWS-FL0924.aspx
Friday, June 25, 2010
Wait For A Sale On Nike
When is high-quality merchandise not so attractive? When you have to pay up to get it.
I am a fierce bargain hound, so much so that if I am routinely shopping at your store, you may just have a problem. But that innate cheapness serves me well in the stock market and I think investors who do not already own Nike (NYSE:NKE) should put this one on their "buy when it gets cheaper" watch list.
The Quarter That WasNike had a lukewarm quarter. Revenue was a little light relative to analyst hopes, but still grew about 8% to just over $5 billion. Within that number, footwear sales climbed more than 6% (to about $2.7 billion), while apparel jumped up 13% to $1.3 billion.
For the full column:
http://stocks.investopedia.
I am a fierce bargain hound, so much so that if I am routinely shopping at your store, you may just have a problem. But that innate cheapness serves me well in the stock market and I think investors who do not already own Nike (NYSE:NKE) should put this one on their "buy when it gets cheaper" watch list.
The Quarter That WasNike had a lukewarm quarter. Revenue was a little light relative to analyst hopes, but still grew about 8% to just over $5 billion. Within that number, footwear sales climbed more than 6% (to about $2.7 billion), while apparel jumped up 13% to $1.3 billion.
For the full column:
http://stocks.investopedia.
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