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NIKE INC. Beaverton, Oregon; Supplier Of Athletic Gear Hits The Fast Track With New Products.(THE NEW AMERICA)

Investor's Business Daily

| October 04, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: STEVE WATKINS

This was the Summer of Speed for Nike Inc.

You couldn't watch the Olympics, Tour de France, tennis' U.S. Open or most any other major sporting event without seeing Nike's commercials on the tube or its logo plastered on athletes' apparel.

All were part of the company's biggest brand initiative ever. Athletes such as Lance Armstrong and Serena Williams touted the benefits of speed in sports as Nike pushed its apparel and shoe lines such as the Zoom Miler and the Monster Fly.

"Instead of focusing on one international competition, we wove the common theme of speed through major sporting events in five continents," Mark Parker, Nike brand president, said in a conference call.

The result was an upward sales swoosh for the world's largest maker of athletic footwear and apparel. There's more to come, company officials boast.

"I've never seen so much great product coming down the pipeline," Parker said.

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