Running category boosts Nike revenue
04/01/2017
Sportswear manufacturer Nike has reported revenue of $8.2 billion in the second quarter of the 2017 fiscal year, a 6% increase on the same month of last year. Nike’s profit for the quarter was 7.3% higher at $842 million. Sales for the Nike Brand were up 8% to $7.7 billion, driven by double-digit growth in Western Europe, Greater China and...