The first House of Hoops by Foot Locker store is expected to open in New York in early 2008. In Europe, the company recently announced a five-year partnership as the official basketball supplier for Euroleague Basketball. In China, basketball is a key growth driver as one of the country's most popular sports.
NIKE Inc based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned Nike subsidiaries include Cole Haan Holdings Incorporated, a leading designer and marketer of luxury shoes, handbags, accessories and coats; Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories.
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