Business

Nike Expands in India Amid Turnaround

Updated 2026-10-16 11:10 UTC 1 source Neutral

Nike announced plans to expand its presence in India as part of a broader strategy to recover from struggles, particularly in China. The move reflects the company's long-term growth bet on emerging markets.

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CNBC
Nike announced earlier this month that it's expanding into India. The retailer has been broadly struggling, especially in the China market.
2026-10-16 11:00 UTC
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