Nike Inc.’s sales are bulking up, as demand for its shoes and clothes grows even among people who have no intention of wearing them to a gym. The company’s sales jumped 15 percent to USD8 billion in the three months that ended 31 August, sending its profit up 23 percent to USD962 million.
To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.
(Source: The Wall Street Journal Online)