refused to recognize Nike's absolute right under Spanish procedural law nike running shoes to post a bond, which would have protected Nike from permanent harm should the court ultimately rule in Nike's favor;refused on appeal to overturn the obviously flawed lower court ruling, citing lack of evidence that Nike is engaged in "commercial activity," ignoring the existence of a Nike marketing, sales and distribution operation in Spain for each of the previous 12 years.While the Spanish court's injunction against Nike selling and marketing apparel stands -- pending a hearing on the merits of the matter -- Nike continues to lose opportunities in Spain to grow its business in parallel with the rest of Western Europe. Demand for Nike footwear, apparel and accessories in the third quarter of fiscal year 1992 alone grew 59 percent in Germany, 38 percent in Italy and 30 percent in France.Nike Inc., the world's largest sports and fitness company, is headquartered in Beaverton.

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