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NKE Nike is cleaning up its digital presence in China, which has been its most problematic market in recent quarters and overshadowed some o

NKE Nike is cleaning up its digital presence in China, which has been its most problematic market in recent quarters and overshadowed some of CEO Elliott Hill's turnaround progress in North America. Nike's plan is to cut off thousands of online distributors, focusing instead on its own website/app and that of a few high-quality retailers. No more race to the bottom digital sales. - per Cramer Investing Club Newsletter

NKE

NKE Nike is cleaning up its digital presence in China, which has been its most problematic market in recent quarters and overshadowed some of CEO Elliott Hill's turnaround progress in North America.

Nike's plan is to cut off thousands of online distributors, focusing instead on its own website/app and that of a few high-quality retailers.

No more race to the bottom digital sales. - per Cramer Investing Club Newsletter