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Nike Q1 Income Surges 23%

In Industry News, What's New by Accessories Staff

Beaverton, OR–Nike delivered double-digit jumps in both profit and revenues in the first quarter of its fiscal year. Net income surged 23% to $962 million for the three months to August 31, compared to $779 million in the same period of the prior year. Revenues grew 15% to $8 billion …