A new sneaker deal shows how important Nike is becoming to Foot Locker — and it could be a boom for both companies (FL, NKE)

8:47am PDT - August 23rd, 2018    nike - Business Insider

Foot Locker has launched a "Discover Your Air" campaign in which it will exclusively sell a number of Nike sneakers. Nike represents nearly 70% of Foot Locker’s merchandise purchases. As Nike improves, so too should Foot Locker, according to Jefferies analyst…