Nike's Strong Running Business Faces Headwinds Until 2026!
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Nike achieved impressive growth of over 20% in the running segment in the last quarter. CEO Elliott Hill referred to it as a "strong proof of progress," supported by the new Sports Offense strategy. This has streamlined the organization and refocused brands like Nike, Jordan, and Converse more on sports and athletes. Particularly in North America and the wholesale business, the momentum was evident: Revenue with partners rose by 11%, while the newly redesigned flagship store in New York recorded double-digit increases. Challenges from China and...
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