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CHINESE SPORTSWEAR INVESTMENT
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...- Nike's China conundrum deepens as turnaround stagnates, shares slump 13%Nike is running out of time to prove its China playbook works as its sixth straight quarterly decline in sales in the country underscores h...
- Despite tariffs, China consumer giants push into the US as domestic market stallsChinese consumer brands are expanding into the U.S. market, seeking higher profit margins to offset slowing domestic spending. Companies li...
- China's Anta Sports and Li Ning exploring bid for Puma, source saysChinese sportswear giants Anta Sports and Li Ning are reportedly looking at buying German brand Puma. Puma's market value has dropped signi...
- Watch: Jack Ma is trending again, and this time it’s for riding a bicycleJack Ma, the billionaire co-founder of Alibaba, has been spotted cycling through Hangzhou in a rare public appearance. The video of him rid...
- Before Trump, Indonesia had another trade headache: ChinaIndonesia grapples with China's growing economic influence, as cheap Chinese goods flood the market, threatening local industries. Garment ...
- Once burnt, investors curb enthusiasm for Indian startupsIndian startups struggle as investors cut back. Blume Ventures cautious after Paytm crisis. Funding drop steeper than U.S. and Chinese star...
- 'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trendMcDonald's has taken greater control of its China business and expanded aggressively amid a consumer slowdown and geopolitical tensions. Th...
- Some fund managers see merit in China's deeply discounted stocksU.S. asset manager Fidelity International is highlighting China's looser monetary policy and the government's recent 1 trillion yuan ($137....
- S&P 500, Nasdaq gain as megacaps rebound; rate concerns prevailWhile energy jumped over 1% to lead gains among major S&P 500 sectors, utilities and real estate were the worst hit
- China factory orders drop in ominous sign for global outlookThe snapshots from factories in key Chinese hubs indicate households worldwide, already tightening their belts to contend with a rapid rise...
- Nike says to end run club app in China; to offer "localised solution"Nike's app has more than 8 million users in China, its biggest market globally.
- Global investors flee China fearing that risks eclipse rewardsPresident Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrat...
- Russian risk recalibration a wake-up call for investorsBuying into companies on the basis of environmental, social and governance (ESG) factors is one of the hottest trends in the fund managemen...
- Chinese flocking to home-grown brands a golden opportunity for investorsChinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choi...
- These Asian stocks have benefited the most from virus crisisTo be fair, the stock market has already embraced technology and pharmaceutical shares that underpin global economic transformation.
- China's latest copycat victim: Goldman SachsGoldman Sachs (Shenzhen) Financial Leasing Co. has been operating in the city just across the border from Hong Kong using a nearly identica...
- Nike faces 3 obstacles that could threaten its global dominationChinese consumers can be unpredictable, which could lead to problems for Nike. China is a big growth opportunity for Nike, but the market i...
- Investors eye China services as the next big thingBeijing is targeting a 4 percentage point rise in the service industry's contribution to GDP by 2015, up from 43 percent in 2010.
- Michael Jordan sues Chinese sports firm Qiaodan SportsUS basketball star Michael Jordan has filed a lawsuit against a Chinese sportswear and footwear producer.
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