John Shanley Quotes (12 Quotes)

We are downgrading our rating on the stock due to our belief that the company's international prospects were likely weaker in 3Q than we had previously anticipated.

The business prospects on the international front continue to become more and more important for Nike.

Winter Olympics aren't really their thing.

We knew Europe and Asia-Pacific (future orders) would be difficult, but not to the extent the company just reported.

Nobody's really busting the doors down to buy women's apparel this fall selling season. Women's dress and casual footwear is probably the strongest I've seen in a good six or seven years.

They (Reebok) got a wake-up call in terms of Nike's announcement in terms of recognizing the need to improve the fashion content of their apparel business,

They really have tried to have a very different product, and they had to do that simply because Nike is such a huge force in the marketplace, with about a 44 percent of market share in this country.

With its market dominance it should trade at a premium to the industry. But right now, investors are thinking about Adidas and are concerned about Nike's international prospects. So a cap has formed on Nike's trading range.

This clearly, in our opinion, will lead to a much more serious competitive environment than the industry has been exposed to in probably the last five years.

We feel these guys have really got an opportunity.

They are attuned to fashion nuances in Europe. Also, Timberland is perceived as something of a luxury product in Europe and Asia,

I don't think there's any question they are going to pick up some market share position in the back half of the year and the spring of 2001, ... The reason for that is a significant improvement in terms of the styling content of their product line. We're seeing a renewed consumer interest in athletic footwear overall, and they're filling a fairly large void in the marketplace right now.