Nike Reports A Small Sales Increase But Europe Is Down Sharply

2009-03-23T00:00:00

Even Nike felt the pinch of the contracting global economy as it launched wide-ranging restructuring measures in reporting that its sales declined by 2 percent to $4.4 billion for its third financial quarter ended on Feb. 28. However, in constant currencies, the company’s sales still rose by 2 percent, prompting ...

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