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On a calendar basis, August was positive mid single digits, September was flat, and October was negative low single digits. We think October was negative primarily due to the warm weather, because apparel was the softest piece of the business. On a calendar basis, August, enclosed malls outperformed strip center stores for the first time in more than three years.
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But this raises more potential quandaries in the contradictory three way war. The Islamic State and the Free Syrian Army are as much at each others’ throats as they are Assad’s. From the regime’s point of view, it makes sense to keep that fight going, to let the beleaguered Syrian rebel group build up its strength and take on the more potent Islamic State group with American support.
The company’s shares rose 6.5 percent in extended trading,Nike said orders for its branded shoes and clothing scheduled for delivery between September and January rose 14 percent in the first quarter, excluding the impact of currency fluctuations.”When you look around the world, there really isn’t much competition. Adidas is struggling, Reebok is struggling,” Edward Jones analyst Brian Yarbrough told Reuters.Nike maintained its share of the Western Europe sportswear market at about 12 percent in 2013, while Adidas’s share shrank to 12.6 percent in the year from 13.2 percent in 2012, according to Euromonitor International data.The soccer World Cup in Brazil in June July was the first time that Nike sponsored more national teams than Adidas.More players wore Nike boots than all other brands combined and nearly a third of those players wore Flyknit boots.Global soccer revenue rose at a double digit percentage rate in the first quarter, Nike Brand President Trevor Edwards said on a post earnings conference call on Thursday.”As of the end of the quarter, we had the leading footwear market share in the nine largest football markets around the world,” he said.The company said it expects earnings per share to rise at a high teens percentage rate for the second quarter and about 20 percent for the year.Nike also said it expects gross margin expansion of about 125 basis points for the full year.The company said gross margin improved to 46.6 percent in the first quarter from 44.9 percent a year earlier.The company said it reported an 18 percent rise in footwear, its largest and most profitable business.”There is tremendous energy around the brand in Europe with innovative products that are resonating with consumers. We saw strong results from both performance footwear and apparel as well as in sportswear,” Edwards said.Revenue from North America rose 12 percent in the quarter ended Aug.