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NIKE BACK IN MIDST WITH ROBUST ONLINE SALES FROM SCHOOL STUDENTS

Published On 23 Sep 2020 05:24 AM


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  • Powerful online sales from ecommerce sites and accelerated demand from Chinese shoppers and students trudging back to school are expected to have helped Nike NKE.N sweep profits in the first quarter.
  • This has been a drastic improvement from the surprise loss it posted in July.

Shares in Nike were up about 1.8% in afternoon trading, ahead of the company’s earnings report after the closure of ....


Tags : Nike Shoes, online sales, J.C. Penney, COVID-19 lockdowns, Black Lives Matter, Time to Vote, Ecommerce sites,
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