Leading sportswear and athletic shoe firm Nike Inc saw its shares slip on Tuesday after the country's top sports shoe chain revealed a larger-than-expected cut in orders.

Foot Locker said in a filing with the SEC it expects to reduce its purchase of Nike products in 2003 to between $300 million and $400m compared to its earlier prediction of $150m to $250m.

Rival sports shoe makers Reebok and Adidas are expected to benefit the most from the cutback in Nike orders. Foot Locker added it plans to make incremental purchases of marquee and launch product from other vendors.