Nike Inc Class B
NKE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| — | — | — | LOCK|w@<p%n$ |
Nike: Limiting Digital Selling in China Prudent for Brand Despite Hit to Sales; Shares Undervalued
Nike has confirmed that, as of January, it will restrict its franchise partners in China from selling its products through digital channels. By doing so, Nike will limit e-commerce in the nation to official company-operated e-commerce and stores on major platforms Tmall, Douyin, and JD.com.
