NIKE(US:NKE) Sou Hu Cai Jing·2026-01-21 08:13Group 1 - Nike announced the resignation of Angela Dong, the current head of Greater China, effective March 31, with Cathy Sparks appointed as the new Vice President and General Manager for the region [2] - Cathy Sparks has been with Nike for 25 years, starting her career in retail at the Niketown store in Portland and holding significant leadership roles in various global markets [2] - Alongside the leadership change in Greater China, there were also executive changes in the EMEA and APLA regions, with Crissy taking on the interim role in APLA and César Garcia replacing Carl Grebert in EMEA [2] Group 2 - Angela Dong joined Nike China in 2005 and has played a crucial role in formulating the vision and growth strategies for the Greater China region, previously serving as Global Vice President and General Manager [3] - Nike's financial performance has faced challenges, particularly in the Chinese market, with Q2 fiscal year 2026 revenue reported at $12.427 billion, a 1% year-over-year increase, while gross margin decreased by 300 basis points to 40.6% due to higher tariffs in North America [3] - The revenue in the Greater China region decreased by 13% year-over-year, with EBITDA declining by 35%, marking the largest drop among all markets [4]