Nike's Third Quarter Sees 59% Surge in Digital Sales

Despite being forced to shutter 45 percent of its stores due to lockdown regulations, Nike rallied over the third fiscal quarter of 2021 to bring in revenues of $10.4 billion USD, largely thanks to its digital sales.According to a new report released by the sportswear giant, while North American revenues dropped 10 percent due to issues with the supply chain, including port congestion and container shortages, the Nike Direct sales were up 20 percent to $4 billion USD, while the brand's digital s...