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Archive Home > 2009 > March > 19 > Nike profit drops after charge, weak spending

Nike profit drops after charge, weak spending

By The Associated Press / The Bulletin
March 19, 2009

PORTLAND — Nike Inc. saw the impact of a global economic meltdown in its fiscal third quarter as a stronger dollar and weaker consumer spending drove down profit, revenue and future orders for the world’s largest athletic shoe and apparel company.

The Beaverton-based company....

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