The sportswear giant has reported better-than-expected sales and profits its fourth quarter. Sales in the quarter dropped to $12.23bn, compared to $12.34bn a year earlier. Nike is currently shifting its strategy to focus on direct-to-consumer sales.
Join our network of executives who receive the MBS News daily, as well as the insights, analysis and our weekly column in The Weekend Edition.
You’ll be able to unsubscribe at any time.