News

Another solid quarter for Nike

22/03/2017

Sportswear manufacturer Nike reported revenue of $8.4 billion in the third quarter of the 2016/17 financial year, a 5% increase on the same period of last year. Nike’s net income from this revenue was $1.1 billion, 20% higher year-on-year. Mark Parker, president and CEO of Nike, described it as “another solid quarter growth and profitability”....

To continue reading this story, please sign in or register.

Related stories:

Nike to cut global workforce by 2% 16/06/2017
Nike takes first steps towards marathon goal 13/03/2017
Converse breathes new life into iconic design 09/03/2017
Nike designs sports hijab for Muslim athletes 08/03/2017
Adidas to rival Nike for sub-two hour marathon 28/02/2017
Nike and Patagonia rewarded for circular economy efforts 17/01/2017
Nike sees growth across key markets 21/12/2016

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.