New York, Dec 18, 2025 (AFP) - Nike shares slump as China struggles continue

NAMPA / AFP

2025-12-19

Nike reported a drop in quarterly profits Thursday, citing a drag from higher US tariffs and continued weakness in China in results that sent shares sharply lower. The sports giant -- which plans product rollouts around the Olympics, World Cup and other major 2026 events -- stands "in the middle innings of our comeback," said CEO Elliott Hill, who pointed to revenue gains in North America as a strong point. But Hill cited Greater China, which saw......

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb (left) and assistant coach Willem Mwedihanga during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb (right) and assistant coach Willem Mwedihanga during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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