Reported 4 days ago
US brands, including Nike and Skechers, are bracing for potential anti-American sentiment in China as they deal with challenges stemming from former President Trump's tariffs. Analysts warn that geopolitical tensions could impact sales, especially with significant tariffs imposed on American goods by China. While some brands are seeing slight revenue growth, the overarching sentiment suggests a tough road ahead as local competition and a shifting consumer landscape compound their difficulties in the Chinese market.
Source: YAHOO