Nike, Inc. - Nike reported a 5% drop in Chinese sales

Time: Mar, 2020

Place: China

Details: In March 2020, Nike reported a 5% drop in Chinese sales associated with stores' closure due to the COVID-19 outbreak. It was the first decrease in six years. At the same time, the company's online sales grew by 36% during Q1 of 2020. Also, the sales of personal training apps grew by 80% in China.

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