Nike touts digital strength in Covid update

Nike Inc. on Thursday said it expects Covid-19 to have a material impact on its financial performance in North America, Europe, Latin America and parts of Asia in the current quarter. But it said the company's digital performance in China is largely offsetting the decline in bricks-and-mortar sales there, a possible sign of what's to come in other geographies.The Washington County-based sportswear giant is near the May 31 end of its fourth fiscal quarter. Like other public companies, Nike has op