The company reported its Q1 FY25 earnings in early October, where revenue and earnings declined 10% and 26% YoY, respectively, from lower unit sales across Nike Direct and Nike Wholesale across ...

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There are valid reasons for why Nike's operations have been struggling. A new CEO, the powerful brand, and the stock's cheap valuation ... Even in China, once a fast-growing market for Nike ...

These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia ... company offered shoes at a wholesale price for distribution ...

It appears as an innocent victim of the tremendous China consumer ... worry about the wholesale inventory, which has been a big trouble for other players like Li Ning and Nike in recent 2 years.

Discover how Adidas outperformed rivals in China, growing sales by 9%. Its localised strategies and retro shoe trend helped regain brand momentum.

Even in China ... Nike needs to get back to introducing newer designs that consumers find compelling. Finally, during the pandemic, Nike made a decision to cut ties with some of its key wholesale ...

(Reuters) - Adidas on Tuesday said it saw strong underlying growth in Greater China in the third quarter, while sales in ...

But when you look at the overall results, revenue was down 9%, I saw Nike Direct down 12%, Nike Digital down 20%. Then on top of that wholesale ... strong performance in China, and also Tesla ...

For Seema Simmons, Nike's vice-president of Global Women's Running & Fitness, a recent night out with the Shanghai Night Run ...

Chinese brands like Anta and Li-Ning are taking Nike’s share of the market. The post Nike and Adidas Are Losing Sportswear ...