Nike was once China's sneaker king. Here's why its sales have fallen 30%

Business Archived • July 29, 2026 •

China was once Nike's fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands.

Source: https://search.cnbc.com/rs/search/combinedcms/view.xml?partnerId=wrss01&id=100003114 - Read Original