Nike Direct has gone decently well, but it has damaged the company's wholesale business. China has been in a downturn for many companies, not just Nike. In the recent quarter, sales declined ...
Nike was recently hit by a backlash over statements about Xinjiang The boss of Nike has made a robust defence of the firm's business in China after facing a consumer boycott there. Chief executive ...
"Nike is increasing its investment in product innovation in China, supported by our local ... while Nike stores and wholesale revenues fell by 8 percent and 15 percent, respectively.
Corporate giants including Nike face growing calls to cut ties with suppliers alleged to be using "forced labour" from China's Uighur people. Activists have launched a campaign accusing firms of ...