Nike reports quarterly loss but is optimistic about North America
29/03/2018
Sportswear manufacturer Nike has reported revenue of $9 billion in the third quarter of 2017/18 (period ended February 28), an increase of 3% in currency-neutral terms. Revenue from the Nike brand was up 4% year on year to $8.5 billion, driven by growth in a number of regions and from sales of the brand’s basketball products. The Converse brand...
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