Athletic apparel and footwear giant Nike Inc has posted a second quarter net income rise of 18 per cent to $179 million, up from $152m in the same period a year ago.

The Oregon-based company also recorded a year-on-year revenue increase of 13 per cent for the quarter to $2.8 billion, while profits jumped 16 per cent compared to the same period a year earlier.

"It was a great quarter," CEO Philip Knight said following the announcement of results.

"These positive results span most of Nike's portfolio of businesses and categories.

"We are optimistic the momentum we are seeing in the business, coupled with the improving health of the footwear and apparel industry, is setting the stage for continued profitable growth through the remainder of fiscal 2004."

In Nike's new 'other' category, which includes Cole Haan dress shoes, Nike Golf apparel and footwear, Hurley International clothing and Bauer Nike Hockey gear, second quarter sales rose 54 per cent year-on-year - more than half of which was driven by the recent acquisition of footwear maker Converse.