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Phil Knight (Founder and CEO) is often quoted as saying that ‘Business is war without bullets.’ Nike has a healthy dislike of is competitors. Dominating 20% of the market, Nike is able to progress without putting much worry on the other companies in the market. If prices rise, products can be made more cheaply elsewhere (to the same or better specification), Nike will move production. If the market of sports shoes is ever found in a rut, Nike could take a sufficient profit loss. Its owners whom truly believe that Nike is not a fashion brand fiercely defend the brand.
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