Trade Resources Market View Nike's Brazil Dealers Slash Jersey Prices

Nike's Brazil Dealers Slash Jersey Prices

Nike dealers in Brazil have marked down its official team jersey for Team Brazil by 35 percent due to a glut of counterfeit jerseys in the country, Bloomberg News reported.

The magazine reported that a survey of stores operated by one of the country's largest sporting goods retailers founded they had reduced the jerseys to 149 reais, or about $67. 's Team Brazil soccer jersey, from 229 reais, which equals about one-third of the monthly minimum wage in Brazil.

Source: http://www.sportsonesource.com/news/spor/spor_article.asp?section=8&Prod=1&id=51832
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Nike's Brazil Dealers Slash Jersey Prices Amid Sea of Counterfeits