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Nike attributes Chinese profit surge to Singles Day boost

2015-12-29 01:15:48| Footwear - Topix.net

Nike made more profit in China than Western Europe in its most recent quarter, partly due to a dramatic increase in online sales in the country and the 'Singles Day' phenomenon. Singles Day is a holiday in China dedicated to unmarried individuals, and is the biggest shopping day of the year.

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Category:Consumer Goods and Services

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