The Olympics may be over, but Nike Inc.’s competition is just heating up. For years, Nike has held the dominant position as the world’s largest sportswear maker. But results from the company’s latest quarter, released Tuesday, fanned some fears that Nike’s stranglehold on the athletic apparel and footwear market could slip. Lower than expected orders from wholesale partners, along with recent retail data which shows Under...
Source: Wall Street Journal September 28, 2016 20:48 UTC