Economic:
Nike get sponsorship from different other companies
Nike can be the way in creating new jobs when their higher growth in economy
Due to economic downturn consumers can be affected and it can reduce consumer
confidence towards products of Nike
There can be risk of currency, interest rate and exchange rates for Nike’s product
Increasing material prices and labor cost in production countries or outsourcing for
increasing the living standards can also affect Nike’s product sales
January 1, 2016
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