Chinese sales fell 5% (year on year) in Q4 2019 despite a strong digital segment growth (30% year on year). Margins were affected by the closure of 5,000 Chinese stores during Q4 2019.
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Nike to sell its surfwear brand 'Hurley' to Bluestar Alliance
Hurley was acquired by Nike in 2002....
Nike brings down its retail stores in India to 150
The US-headquartered company is further planning t...
Footwear retailers infringed as price war raises concern
The results also weighed on shares of suppliers in...
Myntra records 56% growth via 6th edition of EORS
Sports dominated the sale as the most popular cate...
Nike to go in for corporate restructuring, cut 1400 jobs
The company said a main focus will be the 12 key c...
Apple and Nike expand their smartwatch series partnership
Apple released Apple Watch Nike+ that features bui...
Sports Station celebrates its first anniversary
Sports Station is a chain of multi brand sports st...
Cricketer Rohit Sharma launches the 1st Adidas "Homecourt" Shop-in-Shop
Cricketer Rohit Sharma was present for the grand l...
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