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1Nike Empty Nike Tue Jun 27, 2017 2:52 am



Nike Inc. is ready to report it's 4th quarter earnings and announced that a major reorganization that includes downsizing the workforce by 2%. They wanted to enhance their direct to consumer sales. These agenda will be focused on 12 cities including New York, London, and Shanghai which are expected to represent 80% of the company's growth until 2020.

Source: Investors Mart: Stock Market

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