Nike sales to gain from Adidas-Kanye split, Jordan Retro demand
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.
Published 3 months ago
Time & Location
Sources are mostly out of (0)