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Transcripts For BBCNEWS Asia 20240706



thanks to new brands. nike set sales of footwear in north america, which is its largest market fell 5%. in china, another key market which is slowly recovering from a footwear sales were down 1%. now, on the bright side, if you take footwear sales together with nike sales of footwear in north america, which is its largest market fell 5%. nikkei executive said they are working to improve things announcing $2 million in cost us over the next three years. it plans to simplify its product line up and increase its use of technology and to streamline the overall organisation. the plan is going to cost the company 400 million, $450 million. the nikkei boss said we are embracing a companywide journey to invest in our areas of greatest potential, adding that the company sees an outstanding opportunity to drive long term profitable growth. and after the retail giant warned that demand would continue to be weakfor at demand would continue to be weak for at least the next six month ....

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