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Non-Tech : NIKE NKE

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From: Sr K	6/10/2015 8:28:45 PM
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Nike replaces Adidas as maker of NBA uniforms, signs 8-year deal REUTERS 5:47 PM ET 6/10/15 June 10 (Reuters) - Nike Inc(NKE) won an eight-year merchandising and marketing contract with the National Basketball Association, replacing Adidas as its exclusive apparel provider and making it the first athletic apparel company to have its logo appear on team uniforms. Nike (NKE), which has had a marketing agreement with the NBA since 1992, will become the association's official on-court apparel provider beginning with the 2017-18 season, the company said on Wednesday. Financial terms of the deal were not disclosed.

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