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Nike to halt Livestrong merchandise

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Nike has decided to stop making products for disgraced cyclist Lance Armstrong's cancer charity Livestrong, but will still support the group financially, the sports products giant said on Tuesday. The Livestrong Collection, which includes footwear, apparel and accessories, will be phased out at the end of the year, the company said, bringing down the curtain on what has been a globally-recognized brand for almost a decade.