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Nike bets on India as a long-term growth market amid its turnaround

FinanceInternationalCNBC10 s readAI summary
Image: CNBC

Nike announced earlier this month its expansion into India, a long-term bet on that market. The company, which is seeking to revive its business and regain momentum under CEO Elliott, is facing difficulties, especially in the Chinese market, according to CNBC.

Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

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