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Olympic Games boosts revenues at Nike

28/09/2016

Sportswear manufacturer Nike reported revenues of $9.1 billion during the first quarter of the 2016/2017 financial year, an 8% increase on the same period of last year. Sales of the Nike Brand rose 10% to $8.5 billion, while revenues for Converse were up 4% to $574 million.  Nike posted good sales growth across all regions, with a 6% increase in ...

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