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Published 19:45 IST, December 22nd 2023

Nike's revised forecast causes ripples in sportswear stocks amid spending slowdown

Nike also unveiled a $2 billion cost-saving plan, emphasising a "more prudent approach" for the remainder of the year.

Reported by: Business Desk
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Nike's revised forecast causes ripples in sportswear stocks.
Nike's revised forecast causes ripples in sportswear stocks. | Image: Unsplash
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19:45 IST, December 22nd 2023