Nike Inc. has reported increased revenue for the second quarter ended November 30. Revenue grew 10% to $3.8 billion, compared with $3.5 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 1 percentage point for the quarter.

Second quarter net income grew 8% to $325.6 million, compared with $301.1 million in the prior year.

During the second quarter, US revenues increased 8% to $1.4 billion versus $1.3 billion. US athletic footwear revenues increased 8% to $879.4 million; apparel revenues increased 10% to $475.4 million; and equipment revenues increased 2% to $63.2 million. Revenues for the European region grew 6% to $1 billion from $977.4 million for the same period last year. Footwear revenues were up 2% percent to $541.4 million from $533.2 million last year. Apparel revenues increased 11% to $421 million and equipment revenues increased 14% to $73.8 million. Revenues in the Asia Pacific region grew 15% to $578.2 million compared with $503.3 million a year ago. Footwear revenues were up 13% to $277.4 million, apparel revenues increased 17% to $250.6 million and equipment revenues grew 16% to $50.2 million. Revenues in the Americas region increased 4% to $262.5 million, from $252.1 million in the second quarter of fiscal 2006. Footwear revenues were up 4% to $185.1 million, apparel revenues increased 1% to $55.7 million and equipment revenues grew 17% to $21.7 million.

For the second quarter, other business revenues, which are comprised of results from Cole Haan Holdings Incorporated, Converse Inc., Exeter Brands Group LLC, Hurley International LLC, Nike Bauer Hockey Inc., and NIKE Golf grew 21% to $526.8 million from $434.8 million last year.

The company also reported worldwide futures orders for athletic footwear and apparel, scheduled for delivery from December 2006 through April 2007, totalling $5.6 billion, 7% higher than orders reported for the same period last year.