'Nike Severs Chinese Distribution Deals in Broad Strategic Shift' - Bloomberg
https://www.bloomberg.com/news/articles/2026-07-22/nike-severs-chinese-distribution-deals-in-broad-strategic-shift
Nike is ending deals with companies that sell its shoes in China and will try a different way to reach customers there. This shows Nike is making big changes, so watch whether this new plan works better or takes time to fix.
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