24-03-2020 21:31 via uk.finance.yahoo.com

Nike revenue beats as digital growth offsets rare China sales fall on virus hit

The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year."At a time when people were confined to their homes, we moved swiftly to leverage our digital app ecosystem and Nike Expert Trainer network," Chief Executive Officer John Donahoe told analysts on his first earnings call since taking the helm.Digital sales climbed more than 30% in Greater China, while sales in the region, its fastest-growing segment, fell 5% due
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