Tuesday, October 22, 2024

Why is Nike struggling while Adidas thrives in 2024?

Tuesday, October 22, 2024, 0:30
This news item was posted in Lifestyle category and has 0 Comments so far.

In 2024, Nike struggles with low sales projections, declining digital revenue, and inventory issues, causing a 31.71% drop in its stock. Meanwhile, Adidas thrives with popular retro sneakers and robust earnings, leading to a 30.12% stock surge. Key investment opportunities exist for both brands.

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