Saturday, November 25, 2017

Nike Will Hit $50 Billion In Sales By 2020

Back in 2015, Nike famously announced its plans to reach $50 billion in annual sales — a 63 percent jump from where it was at the time — by 2020. In the two years since, the Portland-based athletic giant has seen its hiccups, as has been the case across the broader retail sphere, leading analysts to predict that Nike will fall short of its initial goal by approximately $10 billion.

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