Showing posts with label Luis Suarez. Show all posts
Showing posts with label Luis Suarez. Show all posts

Friday, 27 June 2014

Nike's marketing costs soar on World Cup

Heavy spending on marketing weighed on Nike's performance in its fourth quarter which ended 31 May.
Expenses on marketing soared 36% to $876m (£514m) as Nike boosted promotion ahead of the 2014 Fifa World Cup.
That curbed profits which rose 1% to $698m, compared to the same quarter in 2013.
Between March and May Nike launched a number of new shoes including the Mercurial Superfly, worn by Portugal's Cristiano Ronaldo.
On Thursday, Portugal became