Finace And Stock

Nike Can Handle Vietnam, but Watch China

Vietnam’s factory closures are stealing the show at Nike , but investors might want to focus elsewhere in Asia.

The apparel giant had worse-than-expected sales in the quarter, with total revenue growing 12% on a currency-neutral basis in the period ended Aug. 31 compared with a year earlier. That was below the 16% pace analysts polled by FactSet were expecting.

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