Nike Faces Prolonged Slump Amid China Concerns and Inventory Woes
**Nike Faces Prolonged Slump Amid China Concerns and Inventory Woes**. **Introduction**. Nike, the sportswear behemoth, is grappling with a prolonged sales slump as it navigates macroeconomic headwinds, particularly in China, and grapples with inventory challenges. Analysts predict that the company’s…