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The Nike store on Fifth Avenue is temporarily closed due to the coronavirus pandemic, Monday, June 22, 2020, in New York. Nike lost $790 million in the fourth quarter, as soaring digital sales couldn’t make up for the loss of revenue from shuttered stores in most of the world. The world’s largest sports apparel maker said Thursday, June 25, 2020, that its revenue fell 38% to $6.3 billion in the three-month period ending May 31. (AP Photo/Pamela Hassell)

The Nike store on Fifth Avenue is temporarily closed due to the coronavirus pandemic, Monday, June 22, 2020, in New York. Nike lost $790 million in the fourth quarter, as soaring digital sales couldn’t make up for the loss of revenue from shuttered stores in most of the world. The world’s largest sports apparel maker said Thursday, June 25, 2020, that its revenue fell 38% to $6.3 billion in the three-month period ending May 31. (AP Photo/Pamela Hassell)

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