Nike cutting back on classic shoes after losing market share to
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Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world's largest sportswear maker scales back on franchises to save costs.
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Douglas Holtzman on X: Nike cutting back on classic shoes after losing market share to newer rivals @Nike @nypost #business #MarketShare #rivals #shoes #sneakers #ClassicShoes #Nike / X
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Nike cutting back on classic shoes after losing market share to newer rivals
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