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Nike Sales Warning, U.S House Passes Spending Bill

Bloomberg Intelligence

CHAPTER

Nike's Future Outlook and Competition Landscape

The chapter explores Nike's competition with emerging brands like On and Hoka, projecting a weaker outlook for the first half of fiscal 2025 but emphasizing long-term growth through innovation. It also discusses Nike's strategic move in securing the German national soccer team sponsorship from Adidas, highlighting the intense competition within the sports industry and marketing strategies of major sportswear brands.

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