economy

Nike turnaround timeline still unclear amid uneven recovery in China, North America

Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.

Nike turnaround timeline still unclear amid uneven recovery in China, North America

TL;DR

  • Nike's largest market, North America, has shown some gains.
  • The company's turnaround efforts are showing mixed results.
  • Weakness in the Chinese market offset gains made in North America.