Britain's JD Sports says Nike 'doing all the right things' to lift sales

Group 1 - Nike's new CEO Elliott Hill received positive feedback from JD Sports, indicating that the company is taking the right steps to revive demand [1][2] - Under Hill's leadership, Nike is focusing on its running shoe and sneaker lines to regain market share and improve relationships with retailers [2] - JD Sports' CFO noted that Nike's new products, including the Vomero, Pegasus, and P-6000 running ranges, are well-received by customers [3] Group 2 - Nike products account for approximately 45% of JD Sports' sales, highlighting the importance of this relationship for both companies [2]