Anta makes great shoes lower cost and just as good if not better. China market is lost and surely, they will lose N America as well. Nike is losing market share. This company is so bloated. try a 5-10K layoff like Intel to become Nimbler. Way bloated leadership structure with fancy names. Nike shoes are cheaply made and overpriced. They do not last more than a year with regular use. Lipstick on a pig with superficial design and cheap construction.
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Nike is also subsidized from the US Government too
We won’t compete with Chinese companies. They have poor margins and rely on government subsidies far beyond what we’ll ever get. It’s neither aspirational or a fair comparison.
Could be argued that they exist due to our own greed and lack of domestic manufacturing. What can you do.
Can negative growth still be counted as growth?