news paper: Nike returns to growth in North America, tops estimates

Nike returns to growth in North America, tops estimates

Nike beat fourth-quarter profit and revenue estimates as new launches and a focus on direct-to-customer sales helped reverse declining sales in North America for the first time in a year. As Kate King reports, the upbeat news comes amid tough competition from a resurgent Adidas and Puma and bankruptcies of others in the sector in the key North American market.


from Reuters Video: Business https://ift.tt/2yWYGJ8

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