Nike posts quarterly loss after virus forced store closures

NEW YORK (AP) - Nike lost $790 million in the fourth quarter, as soaring digital sales couldn't make up for the loss of revenue from shuttered stores in most of the world.

The world's largest sports apparel maker said its revenue fell 38% to $6.31 billion in the three-month ...

from www.washingtontimes.com stories: Health https://ift.tt/2Z7PfQV

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