A healthy performance by Adidas (PMMAF.PK) in Q1 bodes well for Nike (NKE) as demand for...

|By:, SA News Editor

A healthy performance by Adidas (PMMAF.PK) in Q1 bodes well for Nike (NKE) as demand for higher-margin products helped boost profitability. What to watch: Nike wants to get back on track in China which accounts for over 10% of its total revenue and the strong performance by Adidas in its golf category in new markets could translate well for Nike.