Nike rebound gains momentum as China, tariffs cast a cloud

Core Insights - Nike's CEO Elliott Hill is focused on returning the company to its sportswear roots, and initial efforts are showing positive results [1] - The recovery in China is slower than anticipated, impacting overall performance [1] Company Strategy - The leadership change last year was highly publicized, indicating a strategic shift within the company [1] - The emphasis on sportswear aligns with market trends and consumer preferences [1] Market Performance - The sluggish recovery in China poses challenges for Nike, suggesting potential risks in that key market [1] - The company's performance metrics will be closely monitored as the recovery progresses [1]