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Nike revenue to hit $50 billion by 2020, chief executive Mark Parker says

2015-10-14 22:11:21| Footwear - Topix.net

Nike revenue will grow to $50 billion by 2020, chief executive Mark Parker said Wednesday, setting a target that would expand the company's lead over its closest rivals. Nike recorded $30.6 billion for fiscal year that ended in May. Parker was the lead speaker at the Nike Investor Meeting, a day-long presentation to stock analysts and media about the company's goals over the next four years.

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