Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
Nike is rumored to be planning the release of the Nike Kobe 9 EM Low Protro “China” sneakers soon. The Nike Kobe 9 EM "China" ...
Nike reportedly scrapped a new line of shoes due for release in China because the designer posted a photo on Instagram supporting mass protests against Chinese legal encroachment into Hong Kong.