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Nike Faces Problems with Signs of Slow Growth

Hypebeast - 5 Jul 2016 13:29
Nike Faces Problems with Signs of Slow Growth To many, sportswear giant Nike seemed to be immune to the problems of the retail world. However in light of recent studies, the company's investors are seemingly getting worried about the future of one of the world's most dominant brands. Despite a fourth-quarter revenue growth of 6%, Nike didn't quite live up to expectations and subsequently its shares fell shortly after the recent earnings reports were published. Business Insider broke down some of the major problems the company is currently f...
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