Nike boss defends firm’s business in China

GETTY

The boss of Nike has made a robust defence of the firm's business in China after facing a consumer boycott there.

Chief executive John Donahoe said "Nike is a brand that is of China and for China" in response to a question about competition from Chinese brands.

Mr Donahoe was speaking during a call with Wall Street analysts about Nike's latest earnings report.

The comments come after the sportswear giant was recently hit by a backlash over statements about Xinjiang.

Publish : 2021-06-25 19:16:00

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