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d, it won't occur any time soon.Indeed with th

 
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MessagePosté le: Ven 13 Juil - 10:07 (2018)    Sujet du message: d, it won't occur any time soon.Indeed with th Répondre en citant

Named for premier basketball player Michael Nike Air Max 90 Mujer Negras Jordan, the brand has Nike Air Max Command Femme been around for 33 years and meant billions of dollars in sales for the company. In 1997, Jordan became a subsidiary of Nike.Although Jordan goods, both in sneakers and apparel, are sold worldwide, its core customers are in the U.S., Powell said. Nike's Air Jordans Nike Air Zoom Pegasus 34 Mujer aren't flying as high these days.When you think Nike, you may also think China.That's because some of Nike Inc.'s (NKE - Get Report) best-selling sneakers are made in China: Air Jordan, for one.As Nike gets ready to report fourth-quarter 2018 financial results on Thursday, June 28, Nike Air Vapormax Femme Nike Air Max 2017 Mujer analysts and other experts are weighing in on how China, and the growing trade war may impact its results.There are two issues facing Nike and its brethren. One is that they have factories in China or contracts with Chinese manufacturers to make goods sold to U.S. customers; www.viajesreinosa.esand two is that new  tariffs may not be imposed on Chinese-made shoes shipped to the U.S., as those duties are currently targeting tech companies and staving off alleged intellectual property theft, neither of which figure into shoe manufacturing.

In fact, shoes imported to the  U.S. -- of which 99% are -- are already hit with tariffs that average 11%, but which can go as high as 68% on certain footwear types, according to the Footwear Distributors and Retailers of America. That's thanks to the Smoot-Hawley Tariff Act of 1930, which originally imposed tariffs  on 20,000 imported goods."In some ways, Nike may be less impacted than others [shoemakers] in the industry," Matt Powell, vice president and senior industry advisor for the NPD Group, for which he covers the sports, outdoor and recreation marketplace, told TheStreet on Monday, Nike Air Max Tavas FemmeJune 25.For the last Nike Air Max 270 Womens several years, Nike has been setting up factories outside of China, but still within the Asia Pacific region, notably in Vietnam, Indonesia and Cambodia. The company has lessened its footwear manufacturing presence in China, from 32% in 2012 to 27% in 2www.thomaspolly.fr/ 017. At the same time, Nike increased its footwear manufacturing in Vietnam from 41% in 2012 to 46% last year. Adidas sourced 33% of its shoes from China in 2012, yet by last year had dropped that number to 19%. The German company's shoe business also went to factories in Vietnam and Cambodia. All calculations are from Wedbush.

"Athletic brands will likely be the least impacted of our covered companies," wrote Wedbush analyst Christopher Svezia in a note on March 23, 2018, that covered both athletic and other footwear. "Sourcing moving away from China, product Nike Air Max 95 Damen mix and international Nike Air Vapormax Damen businesses mitigate potential tariffs, with Adidias AG and Under Armour Inc. (UAA - Get Report) about 8% [of sales to cost of goods sold] the least impacted and Nike close behind at about 10% [of sales to cost of goods sold]."Svezia added that further  details are needed Nike Air Max 90 Womens before clear assessment of tariffs' effects can be made.Sam Poser, an analyst at Susquehanna Research Group, said it's unlikely that extra tariffs will be imposed on footwear. If it does happen, he added, it won't occur any time soon.Indeed with the constant one- upmanship going on between the U.S. and China, the dust may not settle for a while.Powell added that some of Nike's shoes will continue to be made in China because for one "it's not that easy to move a factory" and also because of its pool of skilled laborers that may not exist now Nike Air Max 90 Homme in other Asia-Pacific countries. "Nike Air Max 90 Mujer A shoe [like the Jordan] might need as many as 300 operations to make it," he added. "In China, they are using better and more expensive materials, coupled with the quality of the manufacturer."


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MessagePosté le: Ven 13 Juil - 10:07 (2018)    Sujet du message: Publicité

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