Nike’s turnaround effort faces fresh doubts as China sales slide

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Nike signaled that CEO Elliott Hill’s turnaround strategy still faces significant obstacles, as persistent weakness in China and a cautious outlook overshadowed a modest fourth-quarter revenue beat.

Channel: Reuters

Tags: Breaking News, Breaking World News, china, China Sales Slide, Corporate Turnaround, Earning, Elliott Hill, Global Economy, International News, Latest National News, Latest News and Videos, Latest World News, Market Weakness, news, Newsfeed, Nike, Nike Q4 Revenue, Nike Stock, Nike Turnaround Strategy, Retail News, reuters, Reuters News Videos, Sales, Sports Business, World News

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