Nike, Inc. is facing risks from both a consumer squeeze and the ongoing trade tensions between the United States and China, according to a new report from Jefferies..
The report, written by analyst Randal Konik, notes that Nike’s sales in North America have been slowing in recent quarters, even as the company has continued to grow its business in China. However, Konik warns that Nike’s growth in China could be at risk if the trade war between the two countries escalates..
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