Geographic
Geography Reported Futures Orders Excluding Currency Changes North America +16% +16% Western Europe 0% +3% Central and Eastern Europe +9% +11% Greater China +18% +14% Japan -2% -5% Emerging Markets +15% +15% Total NIKE Brand Futures Orders +11% +11%
Every company or business in North America is tagged with an SIC (Standard Industrial Classification) code as well as a NAICS (North American Industrial Classification System) code. This allows the government as well as other businesses categorize their customers or competitors. Depending on what market or service you provide, you can look up your customer's SIC or NAICS code and then find other companies similar to the one you looked up. By doing this exercise, you will be able to segment your customer and prospect databases and target market to them.
Adidas generates most of its profit from its footwear segment, particularly through popular lines like the Boost and Yeezy collections. The brand's strong presence in the athletic and lifestyle markets allows it to command premium prices, contributing significantly to its profitability. Additionally, sales from collaborations and limited-edition releases enhance its profit margins. The North American market is a particularly lucrative region for Adidas, bolstered by strong consumer demand.
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Texas Ranchers sent their longhorns on cattle drives because the demand of the cattle in Texas was low. But high in the north and east. Demand and supply affect the price of nearly everything that was bought and sold - not just the cattle.
Before railroads were built in Texas, cattle had to be herded on cattle drives to the nearest railroad. The first railroads in the United States ran from east to west. After the railroads were built that ran north and south, the Texas cattle ranchers had less distance to cover to reach a railroad for transport.
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Cattle ranchers sent their cattle to the north and east because those regions provided better grazing land and access to major markets and transportation routes for cattle distribution. Additionally, these regions often had lower population densities and less competition for resources compared to other areas.
The herding of cattle from Texas to railroad centers to the north was called a cattle drive. Cattle drives took many months to complete. Some of the cowboys would drive the cattle to Kansas and not want to go back to the ranch after being paid. Then ranchers would have to hire more hands the next cattle drive season.
Charles Goodnight made his money by establishing cattle ranches in Texas and Colorado, where he raised and sold cattle to supply beef to markets and railroad crews. He also participated in cattle drives where he herded cattle to various locations for sale. Additionally, Goodnight was involved in the development of the Goodnight-Loving Trail, a route for driving cattle from Texas to markets in the north.
Before railroads were built in Texas, cattle had to be herded on cattle drives to the nearest railroad. The first railroads in the United States ran from east to west. After the railroads were built that ran north and south, the Texas cattle ranchers had less distance to cover to reach a railroad for transport.
Cattle ranchers moved north due to factors such as cheaper land prices, better grazing areas, and lower competition for resources. The northern regions also offered more land for expansion and development of their cattle operations.
Because often places like these were the closest points to sell and ship their cattle. They didn't have auction marts or sale-barns nor big cattle-liners back then.
A cattle drive.
Texans drove their cattle north because the railroads initially only went as far as the Midwest. By driving cattle north, they could access the railroads to transport the cattle to larger markets in the east. This long cattle drive became known as the Chisholm Trail.
Cattle trails began in south Texas and traveled northward because there was a high demand for beef in the northern states and territories. The open grasslands and mild climate in Texas provided ideal conditions for cattle ranching, leading to the need to transport cattle to markets and railroads further north.