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sportswear giant Nike (Nike) could not continue to escape the effects of the recession in the fourth quarter has been the first time sales data reflect the impact of global slowdown on the company. The company's fourth quarter decreased by 2.3% of sales. Impairment charges caused earnings below expectations, the high profit margins fell slightly. However, for a premium-priced mass-market products company, these data still looks surprisingly healthy. However, the next few months, "futures" growth - the sale value of the product - showed a more substantial slowdown. Nike's management has said that the future w cheap foamposites ill be greater pressure on margins. Nike cultivate a strong advantage from its brand, strong logistics and excellent cash flow management. Last year, the company's return on invested capital of nearly 25%, for a company with a high net cash and working capital requirements, this is a considerable achievement. Although Nike's many suppliers and retailers face difficulties, but the relative lack of hard assets and the ability of Nike charge higher prices for products have been allowed to unaffected. The question is how long can such a situation? The face of economic slowdown, Nike is focused on cost reduct Cheap air jordan 12 for sale online free shipping ion, but the company's unique cost structure so that it faces the risk of starting a discount when needed. Procurement costs $ 160 a pair of basketball shoes made in China has been quite low, and therefore can not significantly reduce the price. If consumers start to turn to buy a smaller cost far less than the Nike brand, Nike will have to choose between market share decline and pure price competition to make a choice. Both options are unattractive. Of course, Nike smoothly through a period of economic slowdown in the past, but the greater the magnitude of the economic slowdown and, as proposed by some an Cheap air jordans for sale alysts, the crisis coincided with a period of 10 years "sports bubble" could burst the occasion. Given all the other sports expenditure (from tickets to the star salaries) are in sharp decline, the customer may be at a much lower price to buy ? Tiger Woods (Tiger Woods) or ? LeBron James (LeBron James) signature of clothing, which Species prospects will certainly make Nike's management is quite worried.Visvim will be on Friday to sell F.I.L. 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