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2 hours ago

Nike flags prolonged turnaround as China slump, weak outlook eclipse quarterly beat

Nike flags prolonged turnaround as China slump, weak outlook eclipse quarterly beat

By Danielle Kaye and Juveria Tabassum June 30 (Reuters) - Nike signaled on Tuesday that CEO Elliott Hill's turnaround strategy still faces significant obstacles, as persistent weakness in China and a cautious outlook overshadowed a modest... Read more.

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