updated 02:00 pm EDT, Mon March 26, 2007
All Nike shoes, iPod nano
Nike executives have confirmed that the company is planning to make all of its running shoes compatible with its Nike+ technology by the end of 2007, allowing runners to track their workouts using Apple's iPod nano portable player. "I think there is a real renewed sort of energy and focus around product," said Nike president and chief executive Mark Parker. Nike's chief made the announcement during the unveiling of the company's third-quarter results, revealing a soft year with some specialty mall stores and a segment that was down overall -- in part due to companies such as Foot Locker and Finish Line reporting degraded sales.
Nike says it is prepared to enact major changes in its retail efforts this year, but offered no details on the matter.
"I won't get into specific dates or executions, but you can expect to see some of these new Nike concepts at retail this calendar year," Parker said.