Online sales can be the permanent shift for Nike

Bouncing from a coronavirus slump, sportswear firm Nike has seen such a huge rise in online sales that it is considering permanent shift to online sales.

John Donahoe, Nike chief executive said the shift to online sales could be a permanent trend, said the shift to online sales could be a permanent trend, reports BBC.

"We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back," Mr Donahoe said.

The US company saw digital sales rocket 82% during the June to August quarter, offsetting falling revenue in its stores.

On Tuesday, Nike posted revenue of $10.6bn (£8.3bn) as many of its key markets recovered including China.

For its previous quarter revenues were down by more than a third as it tackled store closures and lockdowns globally.

Sales are growing in its major markets including China, Japan, South Korea and the UK, while its core North American market is declining.

Nike's shares rose more than 10% in late trading in the US, as the results were better than Wall Street had expected.

Direct selling

Nike has been using its website and shopping apps to release limited edition footwear.

The sportswear giant has been transforming itself to sell directly to customers over the past few years, reducing its store presence and retail partners.

While many gyms have been closed during the pandemic, sportswear makers have reported strong demand for more casual attire as more people work and exercise at home.

Rival Adidas said last month that it was seeing improving sales trends while yoga pants maker Lululemon posted a 157% jump in its online business.

Like many other retailers, Nike is still limiting the number of people who can come into its stores at once to try to help curb the spread of the virus.

But when people do visit, they're coming with the intent to buy, Nike said.