3 things that should be worrying Nike

Dec 26 2022 by Business Insider

 
A pair of Nike Air Jordan 1 lows

Bart Young/AP

Nike's still sitting on more than $9 billion in inventory.  In the most recent quarter, Nike finally posted a sales gain in China. New Adidas CEO Bjørn Gulden could reinvigorate the rivalry with Nike.

In the 1980s, early Nike executive Bob Woodell described ballooning inventory as "a cancer that was going to eat us alive."

While Nike executives no longer speak with the candor of the founding cast, the basic concept hasn't changed: Inventory can...

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