Home / BusinessCNBCBusinessCNBC·Jul 22, 2026·1 min readNike to cut off thousands of online distributors in China, restructure digital footprintNike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.View original source — CNBC ↗ShareCopy linkShare on XShare on FacebookRelated storiesThe HinduBusinessJul 22, 2026 · 1 minU.S. readies new tariffs as Trump's 10% global levy to expireThe HinduFrance 24BusinessJul 22, 2026 · 1 minTrump announces 100% tariffs on imported generic pharmaceutical drugsFrance 24CNABusinessJul 22, 2026 · 1 minJapan ready to take decisive action on forex if needed, finance minister saysCNABloombergBusinessJul 22, 2026 · 1 minKorean Stocks Jump as Brokers Say Margin Unwind Nearing EndBloomberg
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