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Nike Shares Likely to Rebound on Potential Positive Commentary From New CEO, Truist SaysA revamped wholesale strategy should allow Nike ... Truist remains cautious about Nike's performance in China due to macro headwinds and competitive pressures in the Asian country.
"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.
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