Nike Inc (NKE)
23 Mar 2017
* Dow down 0.12 pct, S&P flat, Nasdaq up 0.16 pct (Updates to open)
March 22 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Nike Inc reported lower-than-expected quarterly revenue on Tuesday as the world's largest footwear maker battles for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc.
March 21 Nike Inc reported lower-than-expected quarterly revenue on Tuesday as the world's largest footwear maker battles for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc.
March 21 Nike Inc, the world's largest footwear maker, reported lower-than-expected quarterly revenue on Tuesday amid intense competition from a resurgent Adidas AG and Under Armour Inc in North America.
* Futures up: Dow 10 pts, S&P 3.5 pts, Nasdaq 10.25 pts (Adds details, comment, updates prices)
BERLIN, March 20 Adidas has been testing a store where shoppers can design a sweater, have a body scan to determine fit and get it knitted by a state-of-the-art machine within hours, as the German company looks at ways to respond more quickly to customer demands.
SHANGHAI China's annual consumer rights day television show turned its spotlight on U.S. sports brand Nike Inc for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation. | Video
* Consumer say impact likely short-lived (Adds Muji, Chinese Foreign Ministry comment)
BERLIN Adidas set a target on Tuesday for sales in North America to rise by almost half by 2020, predicting strong demand will continue for fashion sneakers after its retro Superstar was the top selling shoe in the U.S. market in 2016.