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Lesotho (/ l ɪ ˈ s uː t uː / ⓘ lih-SOO-too, [6] [7] Sotho pronunciation: [lɪˈsʊːtʰʊ]), formally the Kingdom of Lesotho, is a landlocked country in Southern Africa.As an enclave of South Africa, with which it shares a 1,106 km (687 mi) border, [8] it is the largest sovereign enclave in the world, and the only one outside of the Italian Peninsula.
Nike is up against it, so to speak, in jump-starting Nike financials. The company's net profits dropped to $6.5 billion in its most recent fiscal year, down from $6.9 billion two years ago.