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Nike’s Top-Line Recovery Comes With a Little Help From Singles Day

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Nike appears to be poised for a healthy 2021 as the athleticwear and footwear giant reeled in profits totaling $1.3 billion and revenues of $11.2 billion—up 9 percent year-over-year across currencies and well ahead of Wall Street’s expectations of a 2 percent revenue jump. The growth marks a return to top-line growth for Nike following…

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