[ad_1] Global consumer brands grappling with a tepid economic recovery in China have another worry: Buyers in the country are turning more to local labels. [ad_2] Source link
Tag: John Donahoe
Nike’s holiday quarter plagued by bloated inventory, weak China sales
[ad_1] Nike easily beat Wall Street’s estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins and sales in China fell short…
Footwear’s Trendy Comeback: Retail
[ad_1] Shoe brands are turning back to the wholesale channel. [ad_2] Source link
Nike CEO touts strength in Gen Z China shopper as Covid disruptions dent regional sales
[ad_1] Nike CEO John Donahoe said Thursday the company is “really focused” on Gen Z consumers in China and that the athletic apparel retailer is continuing to see strong demand…