Nike to cut off thousands of online distributors in China, restructure digital footprint
22-07-2026 05:25 via rocketnews.com

Nike to cut off thousands of online distributors in China, restructure digital footprint

Nike announced plans to significantly restructure its digital distribution network in China, effective starting next year. The sportswear company intends to discontinue relationships with thousands of online retailers currently authorized to sell Nike products, shifting consumer traffic primarily to Nike’s official website and mobile app alongside its flagship storefronts on major Chinese e-commerce platforms including Tmall, JD.com, and Douyin.
Company leadership characterized the initia
Read more »

Analyst news



ASML shares fall after hiking sales forecast for second time this year on strong AI chip demand
ASML shares fall after hiking sales forecast for second time this year on strong AI chip demand
Ziggi’s Coffee taps Noodles vet as growth chief
Ziggi’s Coffee taps Noodles vet as growth chief
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
Tesla just lost a near-free money stream worth $2.76 billion a year after Trump rolled back fuel economy standards
Tesla just lost a near-free money stream worth $2.76 billion a year after Trump rolled back fuel economy standards
Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates
Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates
Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Google just posted the biggest profit in its history — but two-thirds of it was money it hasn’t actually made yet
Google just posted the biggest profit in its history — but two-thirds of it was money it hasn’t actually made yet
GM beats on earnings, raises guidance amid ‘resilient’ consumer, pricing
GM beats on earnings, raises guidance amid ‘resilient’ consumer, pricing
Clearwater Paper launches recycled paperboard line in US
Clearwater Paper launches recycled paperboard line in US
What to Expect From LyondellBasell Industries’ Q2 2026 Earnings Report
What to Expect From LyondellBasell Industries’ Q2 2026 Earnings Report
What to Expect From Jack Henry & Associates’ Next Quarterly Earnings Report
What to Expect From Jack Henry & Associates’ Next Quarterly Earnings Report
Medtronic Earnings Preview: What to Expect
Medtronic Earnings Preview: What to Expect
Here’s What to Expect From Regeneron Pharmaceuticals’ Next Earnings Report
Here’s What to Expect From Regeneron Pharmaceuticals’ Next Earnings Report
Desktop versie