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Nike sales to gain from Adidas-Kanye split, Jordan Retro demand

Summary by Ground News
Nike (NKE.N) expected to report a rise in third-quarter revenue and grow its market share through 2023. Adidas' split with designer and rapper Kanye West caused the German company to lose about $600 million in quarterly sales. Nike has also doubled down on its product lines such as the LeBron 20s and Nike Mercurial shoes.
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