Nike Sales and Profits Slump, Adidas Soars | Vantage with Palki Sharma
Sportswear giant Nike's sales and profits have slumped in the latest quarter. Traffic is declining across Nike-owned stores and websites. The sneaker mogul witnessed its biggest sales drop since the pandemic. While the company fails to innovate, upstarts are grabbing market share. And competitors like Asics and Adidas have seen boosted sales. Who is winning the sneaker race and why?
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Nike | Sneakers | Asics | Adidas | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#nike #sneakers #adidas #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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