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Luhas Datta

Stealth • 4m

Nike is going to crash? Nike is currently facing financial challenges due to significant losses attributed to the high costs of opening and maintaining its Direct-to-Consumer (D2C) stores. This strategic shift has led to operational difficulties, as the expenses involved in running these stores are considerably higher than anticipated. Unlike the more informal and cost-effective methods of distribution, this approach has created substantial strain on the company's finances, impacting its overall profitability.

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