Nike shares tumble as sell warnings rattle retailers
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares in Nike fell sharply on Friday after the world’s largest sportswear maker by revenue warned that sales would fall this year, roiling shares of companies including JD Sports and Foot Locker. Nike reported weaker-than-expected … Read more
