From swoosh to local: Nike stumbles in China as home-grown rivals close the gap

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Source: South China Morning Post
Published: 2025-12-22 11:30 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Asia, China, Business & Economy, Asia Pacific
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Snippet:
Nike’s sharp drop in China sales underscores intensifying competition from home-grown brands amid changing consumer tastes
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