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NKE Stock Slips As Nike’s China E-Commerce Reset Draws Wall Street Skepticism

in5points
  1. Nike will end online distribution through several China partners next year.

  2. Analysts warn the move could pressure sales trends.

  3. The reset risks market share losses in China.

  4. NKE stock slipped following the announcement.

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Rajeev Chandrasekhar

Asianet News Network

Rajeev Chandrasekhar / Jupiter Capital interests historically

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