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Nike and Foot Locker One Step Closer?

By FashionUnited

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Early last year, Foot Locker announced it was cutting its Nike orders to protest restrictions on shoe prices and selection. Nike responded by slashing its planned 2003 shipments to Foot Locker by $400 million, withholding some of the most popular Nike shoes.

As both companies have reported recent losses in sales, analysts say the two companies have showed signs of wanting to make up.