Nike and Livestrong part ways

(CNN) – Nike is ending its partnership with Lance Armstrong’s Livestrong charity.
A statement by Nike said it will stop producing new Livestrong products after the 2013 holiday season.
Livestrong issued a statement thanking Nike for helping to raise “more than 100-million-dollars to advance the foundation’s mission.”

Nike will continue to support Livestrong by funding the charity directly.

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