Martin Kerscher, Nike's manager for Austria, has confirmed that the US sportswear and equipment giant Nike is to set up a new Nike Only retail chain in Austria. The first outlet is scheduled to open in the early summer of 2002. According to Austrian news source, negotiations on specific locations for the shops are already underway. The shops will have selling space of between 300 and 700 square metres and will offer some 700 Nike brand sports goods.