Nike temporarily closes stores in China because of coronavirus

Nike on Tuesday said it will close "approximately half" of its stores in China as a result of the coronavirus outbreak. The company also said its remaining stores will operate with reduced hours.  "In the short term, we expect the situation to have a material impact on our operations in greater China," the company said in a news release.  “First and foremost, our thoughts are with the people affected and we r emain focused on the health and safety of our teammates and partners," said Nike CEO…
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