https://flipnews.co.uk/topics/greater-china/ The latest Flip News stories on greater-china. en-GB Fri, 02 Oct 2026 21:33:01 GMT https://flipnews.co.uk/business/nike-q1-earnings-miss-layoffs-pace-plan/ https://flipnews.co.uk/business/nike-q1-earnings-miss-layoffs-pace-plan/ Fri, 02 Oct 2026 00:00:00 GMT Nike missed first-quarter revenue expectations, forecast a high-single-digit full-year sales decline, and unveiled a 'Pace' operating model with $2.5bn of savings and job cuts starting in 2027. Priya Raman nike earnings layoffs greater-china sportswear New York Post