Ghana news briefing
Nike to tighten online sales in China amid ‘cluttered’ marketplace
By restricting wholesale distributors' online sales, the company aims to rebuild trust with Chinese shoppers and sell its products at full price, said Cathy Sparks, vice president and general manager of Greater China.
Starting in January, key sportswear retailers in China will stop selling Nike's clothing and shoes online and will instead pivot to in-store sales, Sparks told Reuters.
Nike is trying to lure back shoppers in China by controlling how its products are sold online, directing consumers to official Nike channels as the American sportswear giant continues to lose ground to domestic rivals.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
Original sources
1 reportsMore stories
View all news‘Africa must finance its own health future amid declining aid’
MTN GHANA REAFFIRMS COMMITMENT TO EMPOWERING COMMUNITIES THROUGH CONNECTIVITY AND COLLABORATION
Canada’s ‘powerful’ dairy sector is in Trump’s trade crosshairs
Salma Chief backs government to revoke mining leases of Adamus Resources permanently
Foden signs new four-year Man City contract
Old Wealth, New Rules: The Battle Over Power and Justice in Kazakhstan
Don’t stop here