Nike sales reach $1 billion in China, CEO says

Wed Mar 19, 2008 5:22pm EDT
 
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LOS ANGELES, March 19 (Reuters) - Nike Inc (NKE.N) has already reached $1 billion in sales in China, a year ahead of its original target, its chief executive said on Wednesday.

Chief Executive Mark Parker spoke during a conference call with analysts after reporting a 32 percent rise in quarterly net profit. (Reporting by Alexandria Sage; editing by Jeffrey Benkoe)

 

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