Even Nike Can't Outrun Japan's Abenomics

From left, USA Basketball team members Kobe Bryant, LeBron James, Deron Williams, and Kevin Durant wear the Nike Hyper Elite uniform made from recycled plastic bottles Photograph by Nike via Getty Images

Nike beat Wall Street expectations yet again yesterday on strong demand for its LeBron basketball sneakers, Dri-FIT running clothes, and Fuel biometric tracking bracelets. But the apparel giant couldn’t outrun Japanese Prime Minister Shinzo Abe.

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