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Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.

Por: MarketWatch Business June 26, 2023

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In March, Nike executives said that the demand backdrop remained “promotional” — one in which anyone selling sneakers and clothing was cutting prices more aggressively to attract customers. But ahead of Thursday’s results, some analysts also wondered whether the stalling demand has forced bigger changes to the way management thinks about its broader turn away from retailers — a core piece of its sales strategy. Nike over recent years... + full article



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