Nike warns lockdown store closures will hurt Q4 sales

// Nike warns of fourth-quarter hit from coronavirus virus-related store closures around the world
// Strong online demand was partly offsetting declines in its owned stores and wholesale channelNike has issued a warning that store closures as a result of lockdown orders across the globe will hurt its retail and wholesales businesses in the fourth quarter.
The news comes even as it ramps up its ecommerce capabilities to address increased online orders amid the Covid-19 pandemic.
The sportsw