Nike Terminates Online Platform Sales in China Mainland Effective January 1, 2027

NKE-1.74%
According to Baosheng International's Hong Kong Stock Exchange filing, Nike notified the company that it will terminate all online platform sales of Nike products in mainland China effective January 1, 2027. During the fiscal year ended December 31, 2025, revenue from Nike's online platform sales contributed approximately 15% of the group's total revenue, though the profit contribution was not material.
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