{"id":5536,"date":"2020-03-26T07:41:03","date_gmt":"2020-03-25T23:41:03","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=5536"},"modified":"2020-03-26T07:41:03","modified_gmt":"2020-03-25T23:41:03","slug":"nike-beats-odd-where-there-is-a-rise-on-sales-during-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/5536\/nike-beats-odd-where-there-is-a-rise-on-sales-during-coronavirus-pandemic\/","title":{"rendered":"Nike Beats Odd Where There is a Rise On Sales During Coronavirus Pandemic"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-5537\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase.jpg\" alt=\"\" width=\"1080\" height=\"675\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase.jpg 1080w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase-300x188.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase-1024x640.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase-768x480.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/Nike-sales-increase-585x366.jpg 585w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/>Just when you think that Covid-19 is having a negative impact on all the sales, especially when most of the retailer shop is closed during pandemic but <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">Nike<\/a> just beat the odds and proven that wrong. In case you&#8217;re wondering where the sales is from, <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">Nike<\/a> has done this thanks to a rise in online shoppers.<\/p>\n<p><em><a href=\"https:\/\/www.businessoffashion.com\/articles\/news-analysis\/nikes-sales-beat-estimates-despite-coronavirus-disruption\" target=\"_blank\" rel=\"noopener noreferrer\">The Business of Fashion<\/a><\/em>\u00a0reported earlier this week that <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">Nike<\/a>\u2019s digital sales climbed by more than 30% in Greater China, while physical sales dropped by 5% in the same quarter due to store closures.<\/p>\n<p>In case you didn&#8217;t know, the <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">sportswear<\/a> giant was forced to close their retailer stores throughout the United States and Europe as coronavirus\u2019 threat grew. Probably due to that, people gets bored at home and they do more <a class=\"thirstylink\" target=\"_blank\" title=\"Lazada Invlove Asia\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/lazada\/\" data-nojs=\"1\" data-shortcode=\"true\">online shopping<\/a> and thus this contributes to the earning grow from the online sales.<\/p>\n<p>Meanwhile in China, it is reported that 80% of <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">Nike<\/a>\u2019s stores in China have reopened, with its current-quarter sales expected to be flat in the region.<\/p>\n<p>According to Refinitiv IBES data, <a class=\"thirstylink\" target=\"_blank\" title=\"Nike\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/nike\/\" data-nojs=\"1\" data-shortcode=\"true\">Nike<\/a>\u2019s total revenue rose by 5.1% to $10.10bn USD in Q3, surpassing the $9.8bn USD expectations set by analysts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just when you think that Covid-19 is having a negative impact on all the&hellip;<\/p>\n","protected":false},"author":2,"featured_media":5537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[21],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - 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