Nike sees signs of recovery in China, which could be a good omen for other retailers

( CNBC.com ) Key Points Glimmers of hope for Nike in China could be good news for other retailers with big business in the region, as companies contend with a prolonged pandemic recovery and global unrest. Nike showed, at least for now, it is handling broader macroeconomic challenges, including ongoing supply chain backlogs, better than many had anticipated. The biggest overhang on Nike’s stock has … Continue reading Nike sees signs of recovery in China, which could be a good omen for other retailers