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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market.
The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....
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Feb 17, 2026 / Dave DeCamp
State Department Official: No ‘Gentlemen’s Agreement’ With Russia on Maintaining New START Limits
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Mar 12, 2026 / William L. Anderson
The Duke Lacrosse Case 20 Years Later: How Durham Law Enforcement Promoted a Criminal Conspiracy
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Wars and Rumors of Wars
So now the die is cast and the United States has joined Israel in an unprovoked attack on a non-threatening Iran to destroy its military capabilities and to bring about regime change. This is a major mis-step that could easily turn out very badly as it is a pointless war of choice that could easily […]
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