Nike outpaces Adidas and Puma in race for sales amid virus lockdown

Nike outpaces Adidas and Puma in race for sales amid virus lockdown

Nike shares soared as much as 11% after online-order growth helped sales vault past Wall Street estimates, laying out a blueprint for how the sportswear giant could cope with the coronavirus pandemic worldwide.

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Longtime Nike chief executive Mark Parker to step down in January

Longtime Nike chief executive Mark Parker to step down in January

Nike’s longtime chief executive Mark Parker is stepping down early next year, the company has announced.

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