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The latest NewsJaws reporting on Converse: developments, background and what happens next, with every source linked.
2 NewsJaws reports, latest
Nike reported another quarterly sales decline and forecast a tougher full year. Its Pace overhaul targets $2.5 billion in cumulative savings, before restructuring costs and reinvestment.
Nike’s latest results show weaker sales in Greater China and through its direct channels. The company says its Pace plan could save $2.5 billion through fiscal 2031.