Nike Sales Fell 17% in China. Can the Company Make a Comeback?
Nike reports earnings this Thursday, with investors looking for signs that its turnaround is gaining traction. Sales in China fell 17% in the latest quarter, while the company is also trying to rebuild its wholesale business and strengthen its product pipeline.Joining us is Josh Gilbert, Lead Analyst for APAC and the Middle East at eToro, to look at what investors should watch from Nike’s results and whether the sportswear giant can get its business back on track.
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