Running was a bright spot for Nike in an otherwise gloomy quarter
Nike had a gloomy earnings report on Thursday, reporting year-over-year revenue declines of 4%. But, one of the few bright spots for Nike during the quarter was running, which was a welcome turnaround for the company after years of increased competition from Hoka and On.
Sources
- T2Running was a bright spot for Nike in an otherwise gloomy quarterModern Retail / Digital Commerce 360 / AgFunderNews