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Nike Shares Hit All-Time High On Promise Of $50 Billion Revenues By 2020

2015-10-16 08:49:05| Footwear - Topix.net

Nike shares raced to a new high on Thursday as the sportswear king promised to hit revenues of $50 billion by 2020. If Nike can deliver on its promise, the company's guidance for $50 billion in revenue would reflect a 63% increase over the last fiscal year.

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Casino firm Wynn hit by Macau slowdown

2015-10-16 03:11:13| BBC News | Business | UK Edition

Profit at the casino and hotel operator Wynn Resorts has fallen after a sharp slowdown at its Macau operations.

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Weak Barbie sales hit Mattel results

2015-10-16 02:42:24| BBC News | Business | UK Edition

Falling Barbie sales hit third-quarter profit at the US toymaker Mattel.

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Burberry shares hit as sales disappoint

2015-10-15 10:48:34| BBC News | Business | UK Edition

Shares in Burberry slump 12% after the luxury retailer reported a fall in revenue in Asia.

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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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