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NIKE RESPONDS TO INJUNCTION AGAINST SALE OF SIDE 1(R) PRODUCTS

 NIKE RESPONDS TO INJUNCTION AGAINST SALE OF SIDE 1(R) PRODUCTS
 BEAVERTON, Ore., Dec. 20 /PRNewswire/ -- NIKE Inc. (NYSE, PSE: NKE) today received notice from U.S. District Court Judge David Kenyon that he would order its subsidiary, SIDE 1, to immediately discontinue selling or advertising all SIDE 1(R) merchandise based on his preliminary findings in a suit brought by Sideout Sport of Pasedena, Calif. The injunction will commence upon Sideout Sport's posting of a $100,000 bond.
 In response, NIKE indicated it was examining its alternatives including an appeal to have the injunction lifted and the ruling reversed. "The judge made his decision without ever having heard or seen a single witness," said Deb Johnsen, general manager of SIDE 1. "We are optimistic that when we have the opportunity to present our case to a jury, they will understand our position and find in our favor."
 NIKE does not anticipate any material financial impact from the decision. Introduced in 1989, SIDE 1 currently generates $8-10 million in revenues and represents an insignificant portion of NIKE's worldwide revenues of over $3.2 billion.
 -0- 12/20/91
 /CONTACT: Ron Parham of NIKE, 503-671-3079/
 (NKE) CO: NIKE Inc.; Sideout Sport ST: Washington, California IN: REA SU:


JH -- SE006 -- 4230 12/20/91 09:01 EST
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Publication:PR Newswire
Date:Dec 20, 1991
Words:215
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