Nike Beats Sales Expectations

Nike has beaten its sales estimates during this current COVID-19 breakdown. It’s all due to the rise in online shoppers. Nike digital sales climbed more than 30% in China, while physical sales dropped by 5% in the same quarter due to store closures. Nike overall digital sales grew by 36% in the third quarter leading up to February 29. It is reported that 80% of Nike stores in China have reopened.

Published by Peter97

I’m just a normal person, but willing to share things that I know and learned to everyone.

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