The fact that Nike’s overall growth outpaced that of its namesake brand indicates that it had another smaller, faster growing source of revenue to make up for the difference a secret weapon, perhaps, operating under the radar and bolstering the rest of the business.Related: Swoosh! Nike pops despite strong dollarChuck Taylor for the win: For that, look no further than Nike subsidiary Converse, sales from which grew an impressive 28% (33% excluding currencies) last quarter to $538 million.For perspective on that growth, Nike acquired Converse for just $305 million back in July 2003, when the smaller brand had annual sales of just $205 million. And Europe.That’s fair enough. After all, three months earlier, Blair cited similar factors as driving Converse’s 21% growth in the previous quarter.Related: The face of Under Armour’s basketball shoe: Steph CurryThe legal factor: But we also shouldn’t forget the more difficult to measure impact of Nike’s decision to finally crack down on Chuck Taylor lookalikes last October.
The region and state really need to come together to draft land use planning legislation, to encourage denser development, and more walkable communities and preserve open space. Just up towards Harrisburg they want to build 1,000 ugly tract homes on what use to be a 500 acre horse farm, in a sprawled area, that does not have the capacity to handle that type of development. If we keep developing sprawl the way we do, the quality of life lowers, as traffic and pollution escalate, and sprawl also carries an extremely high tax burden.
Was no point trying to get the crowd to stand off, Stenson said. Hit the shot, everyone is walking. You just got to deal with it. Some advocates of natural gas have called it a “bridge” to a clean energy future because its greenhouse gas emissions are half those of coal and because gas plants can start up quickly and pair with wind and solar to provide a reliable alternative to coal.Others call it a detour, since it is still a fossil fuel and it is undercutting nuclear, wind and solar energy as well as coal. “Bridge to clean future or U turn to dirty past?” said a headline on the blog of the environmental group Earthjustice. The United States has drilled more oil and gas wells than any other country, and the new wave of supplies has brought a new wave of rigs dotting the countryside and new crisscrossing pipelines.For environmentalists, the abundance of shale gas poses a political and environmental dilemma.